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In an economy, following transactions to...

In an economy, following transactions took place. Calculate value of output and value added by Firm B :
(i) Firm A sold to firm B goods of Rs. 80 crore , to firm C Rs. 50 crore , to household Rs. 30 crore and goods of value Rs. 10 crore remains unsold
(ii) Firm B sold to firm C goods of Rs. 70 crore, to firm D Rs. 40 crore, goods of value Rs. 30 crore were exported and goods of value 5 crore was sold to goverment.

Text Solution

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The correct Answer is:
Value of Output of firm B= Rs. 145 crores ; Value added by fimr B= Rs. 65 crores
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