Chapter 2 National Income - Part 3 Value Added Method

Economics Class 12
Macroeconomics

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

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

#### 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

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

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

## NCERT Questions

No questions in this part

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