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    5. Refer to the below table and calculate the net value added at market price

    Question

    Refer to the below table and calculate the net value

    added at market price
    A 1700 Correct Answer Incorrect Answer
    B 1650 Correct Answer Incorrect Answer
    C 2400 Correct Answer Incorrect Answer
    D 1600 Correct Answer Incorrect Answer

    Solution

    GVAMP= Value of Output – Intermediate Consumption Value of Output = Sales + Change in stocks 2200 + 200 = 2400 Intermediate Consumption = 700 GVA MP = 2400 – 700 = 1700 NVAMP= GVAMP- Depreciation = 1700 – 50 = 1650

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