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A farmer purchases rs 1,000 worth of see...

A farmer purchases rs 1,000 worth of seeds, rs2,000 worth of fertilisers, and pays rs1,500 as water charges to raise a wheat crop. He produces 50 quiatals of wheat and sells the same at rs 200 per quintal. Calculate value added by the farmer.

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The correct Answer is:
rs5,500
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