Question

Calculate Interest from the following data.

1.Corporation tax 100
2.Interest ?
3.Gross domestic product at market price 4000
4.Dividends 250
5.Corporate savings 150
6.Goods and services tax 200
7.Consumption of fixed capital 1000
8.Rent 500
9.Compensation of employees 900

Answer 1

Answer:

GDP at FC = (i) + [(ii) + (x)] + [(iii) + (vi) + (viii)] + (xi) + (ix)

= 6000 + [1800 + 200] + [400 + 120 + 80] + 1000 + 50

= 6000 + 2000 + 600 + 1000 + 50 = Rs. 9650 cr.

NNP at MP = GDP at FC + (iv) – (ix) – (vii)

= 9650 + 100 – 50 – 70 = Rs.9630 cr.

Explanation:

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