0 votes
511 views
in Economics by (75.6k points)

Find Net Value Added at MP

(i)Depreciation 700
(ii) Output sold ( units) 900
(iii) Price per unit of output40 
(iv) Closing Stock 1000
(v) Opening Stock800
(vi) Sales Tax3000
(vii) Intermediate cost20,000 

1 Answer

+1 vote
by (73.7k points)
selected by
 
Best answer

GVOmp = sales + change in stock 

= (900 x 40) + (1000 – 800) 

= 36000 + 200 

GVOmp =36200

NVAmp = GVOmp – Intermediate consumption – depreciation

= 36200 – 20000 – 700 

NVAmp = 15500

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...