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Calculate national income from the follo...

Calculate national income from the following data:
(i) Rent 80
(ii) Interest 100
(iii) Profits 210
(iv) Tax on profits 30
(v) Exployees contribution to social security schemes 25
(vi) Mixed income of self-employed 250
(vii) Net indirect tax 60
(viii) Employer's contributions to social secruity schemes 50
(ix) compensation of employees 500
(x) Net factor income from abroad (-)20

Text Solution

Verified by Experts

N.I.=ix+i+ii+iii+vi+x
`=500+80+100+210+250+(-20)`
=rs 1120 crore.
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