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From the following data, calculate "gros...

From the following data, calculate "gross value added at factor cost".
(i) Sales 180
(ii) Rent 5
(iii) Subsidies 10
(iv) Change in stock 15
(v) Purchase of raw materials 100
(vi) Profits 25

Text Solution

Verified by Experts

The correct Answer is:
`GVA_(fc)=i+iv-v+iii=180+15-100+10=rs105` lakh.
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