Calculate ''sales'' from the following data :
`{:(,"(Rs in lakhs)"),("Intermediate costs",700),("Consumption of fixed capital",80),("Change in stock",(-)50),("Subsidy",60),("Net value added at factor cost",1300),("Exports",50):}`

Explanation

`NVA_(FC) = Rs 1,300`
`GDP_(MP) = NVA_(FC)`- Subsidies + Consumption of fixed capital
`= 1,300 - 60 + 80 = Rs 1,320`
Also we know that:
`GDP_(MP)=` Sales + Change in stock - Intermediate Cost
Sales = `GDP_(MP)-` Change in stock + Intermediate Cost
`= 1,320 - (-50) + 700`
i.e. Sales = Rs 2,070 lakhs