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What is Net Value Added at Market Price?
We know that
GDP at Market Price is equal to Total Value Added by All Sectors/Companies
From this Depreciation is Reduced
So we get Net Value Added at Market Price
Example 3
Calculate Net Value Added at Market Price
| Particulars | Amt in Crores |
| Sales | 90 |
| Closing Stock | 25 |
| Opening Stock | 15 |
| Indirect Taxes | 10 |
| Depreciation | 20 |
| Intermediate consumption | 40 |
| Purchase of raw material | 15 |
| rent | 5 |
Question 1
Find Net Value Added at Market Price
| Particulars | Amt in Lakhs |
| Fixed Capital good with a life span of 5 years | 15 |
| Raw Materials | 6 |
| Sales | 25 |
| Net change in stock | -2 |
| Taxes on Production | 1 |
NCERT Questions
No questions in this part
