3. Calculate 'Sales' from the following data: Items (i) Intermediate costs:700 (ii) Consumption of fixed capital:80 (iii) Change in stock:(-50) (iv) Subsidy:60 (v) Net value added at factor cost:1,300 (vi) Exports:50
To calculate the sales from the given data, we can use the following formula:
Sales = Net value added at factor cost + Intermediate costs + Consumption of fixed capital - Change in stock - Subsidy + Exports
Given: (i) Intermediate costs: 700 (ii) Consumption of fixed capital: 80 (iii) Change in stock: (-50) (iv) Subsidy: 60 (v) Net value added at factor cost: 1,300 (vi) Exports: 50
Substitute the given values into the formula: Sales = 1,300 + 700 + 80 - (-50) - 60 + 50 Sales = 1,300 + 700 + 80 + 50 + 50 - 60 Sales = 2,170
Therefore, the sales calculated from the given data is 2,170.
Answers & Comments
Verified answer
Answer:
सियावर रामचंद्र की जय!!
Explanation:
To calculate the sales from the given data, we can use the following formula:
Sales = Net value added at factor cost + Intermediate costs + Consumption of fixed capital - Change in stock - Subsidy + Exports
Given: (i) Intermediate costs: 700 (ii) Consumption of fixed capital: 80 (iii) Change in stock: (-50) (iv) Subsidy: 60 (v) Net value added at factor cost: 1,300 (vi) Exports: 50
Substitute the given values into the formula: Sales = 1,300 + 700 + 80 - (-50) - 60 + 50 Sales = 1,300 + 700 + 80 + 50 + 50 - 60 Sales = 2,170
Therefore, the sales calculated from the given data is 2,170.
Answer:
Sale = (v + ii - iv + i) - iii
= 1,300 + 80 - 60 + 700 - (- 50)
= Rs. 2,070 lakh.