Find gross value added at market price : (i) Depreciation ...

CBSE 2016 Class 12 Economics Delhi Set-3

Question : 3

Total: 5

Find gross value added at market price :

(i)	Depreciation	20
(ii)	Domestic sales	200
(iii)	Net change in stocks	(-)10
(iv)	Exports	10
(v)	Single use producer goods	120

(₹ lacs)

Solution:

‌‌ Value of output ‌=‌ Sales ‌−‌ Net Change in stock ‌
‌=(‌ Domestic Sales ‌+‌ Exports) ‌+‌ Net Change in Stock ‌
‌=(200+10)+(−10)
‌=₹200‌ lakh ‌
Grows value added at market price = Value of output = Intermediate Consumption
‌=200−120
‌=₹80‌ lakh. ‌

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