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From the following data about a firm 'X'...

From the following data about a firm 'X' for the year 2000-01, calculate the net value added at market price during that year :

Text Solution

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The correct Answer is:
Rs. 40 crores
Net Value Added at Market Price
=Sales+( Closing stock -Opening stock)-Intermediate consumption -Depreciation
=90+(25-15)-40-20= Rs. 40 crores
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