Calculate Net Value Added at Factor Cost (NVAp) from the following data…

CBSE Economics class 12 question and answer | Calculate Net Value Added at Factor Cost (NVAp) from the following data :

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Calculate Net Value Added at Factor Cost (NVAp) from the following data :

S. No. Particulars Amount (in 7 Lakh)
(i) Fixed capital goods
(expected life span – 5 years)
15
(ii) Domestic Sales 220
(iii) Change in stock (-) 10
(iv) Exports 10
(v) Single use producer goods 100
(vi) Net indirect taxes 20

Ans. the Net Value Added at Factor Cost (NVAp) is 340 lakh.