Question

Ques:-

Given the following data, find net value added at factor cost by Sambhav (a farmer) producing
wheat
1.Sale of wheat by the farmer in the local market=6,800crore
2.Purchase of tractor:-5000
3.Procurement of wheat by the
government from the farmer:-200
4.Consumption of wheat by the farming
family during the year:-50
5.Expenditure on the maintenance of
existing capital stock:-100
6.Subsidy:-20

Answer 1

Net Value Added at Factor Cost

= (i) + (iii) + (iv) + (vi) – (v)

= 6800 + 200 + 50 + 20 – 100

= 6,970

Step-by-step explanation: