Question

Calculate Sales from the following data :

(Items)	(Rs. in lakh)
(i) Subsidies	200
(ii) Opening Stock	100
(iii) Closing Stock	600
(iv) Intermediate Consumption	3,000
(v) Consumption of Fixed Capital	700
(vi) Profit	750
(vii) Net Value Added at Factor Cost	2,000

Answer 1

Sale = (vii) - [(iii) - (ii)] + (iv) + (v) - (i)

= 2,000 + [600 - 100] + 3,000 + 700 - 200

= Rs. 5,000 lakh.