**
Example 7
**

#### Calculate value of output from the following data:

Particulars | Rs lakhs |

(i) Net value added at factor cost | 100 |

(ii) Intermediate consumption | 75 |

(iii) Goods and Services Tax (GST)* | 20 |

(iv) Subsidy | 5 |

(v) Depreciation | 10 |

Step 1

Calculate Gross Value Added at Factor Cost

GVAFC-Dep =NVA FC

GVA fc =NVA FC + Dep

=100 +10

=110

Step 2

We calculate Net Indirect Taxes

Net Indirect Tax = Taxes-Subsidy

=20-5

=15

Step 3

We calculate Gross Value Added at Market Price

GVA MP - Net Indirect Tax= GVA FC

GVA MP=GVAFC+Net Indirect Tax

=110+15

=125

Step 4

Calculate Value Added

Value Added =Gross Value added at Market Price= 125

Step 5

Calculate Output

Output-Input=Value Added

Output=Value Added + Input

=125 +75

=180

**
Example 8
**

#### Calculate Change in Stock

Particulars | Amt in crores |

Sales | 400 |

Net value added at Factor Cost | 200 |

Subsidies | 10 |

change in stock | ? |

Depreciation | 40 |

Intermediate consumption | 100 |

300 + x = 230

x = -70

#### Question 5

**
Calculate Value of Output
**

Particulars | Amt in lakhs |

Subsidies | 10 |

Intermediate consumption | 150 |

Net addition to stocks | -13 |

Depreciation | 30 |

GST | 20 |

Net Value added at Factor Cost | 250 |

x - 163 = 290

x = 453

Sales = 453

Value of output = Sales + change in stock

Value of output = 453-13 = 440

**
Example 12
**

#### Calculate Value of Output

Particulars | Amt in crores |

Raw Materials from domestic market | 400 |

Increase in unsold stock | 60 |

Import of raw material | 120 |

Domestic sales | 1200 |

Replacement of fixed capital | 50 |

Power charges | 20 |

Exports | 200 |

Import of machinery | 40 |

Gst | 10 |

Subsidy | 30 |

Goods used for self consumption | 10 |

**
How to Calculate Sales if Value of output Given
**

Value of Output =Sales + Change in Stock

Value of Output =Sales + Closing Stock -Opening Stock

Value of Output-Closing Stock + Opening Stock=Sales

Sales = Value of Output-Closing Stock + Opening Stock

**
Question 5
**

#### Calculate Sales

Particulars | Amt in lakhs |

Net Value added at Factor cost | 300 |

Net addition to stocks | -20 |

GST | 30 |

Depreciation | 10 |

Intermediate consumption | 100 |

Subsidy | 5 |

x-120 = 335

x = 455

Sales = 455

**
Question 11
**

#### Calculate Sales

Particulars | Amt in lakhs |

Subsidies | 200 |

Opening Stock | 100 |

Closing Stock | 600 |

Intermediate consumption | 3000 |

Consumption of fixed capital | 700 |

Profit | 750 |

Net value added at factor cost | 2000 |

x - 2500 = 2500

x = 5000

Sales = 5000

## NCERT Questions

**
No questions in this part
**