Question

A farmer sales 100 kg rice at the rate of rs. 69 per kg. He spent rs.500 on fertilizers rs.1000 on labourers and rs.100 on seeds and irrigation. What is his gross value added?

Answer 1

Answer:

Gross Value Added = Value of Output

Value of Output = P × Q (price × quantity)

= 60×100

= 6,000

6000 - 1600 (expenses)

= 4,400

Answer 2

Answer:

answer is 4,400

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