Question

Calculate Operating Surplus from the following data:
Items (₹ in crore)
(i) Rent 120
(ii) Profit 200
(iii) Domestic income 800
(iv) Mixed income 70
(v) Wages and salaries 350
(vi) Indirect tax 150
(vii) Subsidies 50
(viii) Depreciation 200

[Ans. Operating surplus = ₹380 crore]

Please solve this question urgent please help
class 12 macroeconomics chapter-3

Answer 1

Answer:

NDPfc = Compensation of employees + Operating Surplus + Mixed Income

{NDPfc is also known as Domestic income}

[ Compensation of employees = Wages and salaries in cash+ wages and salaries in kind + employer's contribution to social security schemes]

[ Operating surplus= rent and royalty+ interest + profit]

To calculate operating surplus :

800= 350+ x + 70

( x being operating surplus)

x = 800 - 420

hence , x = operating surplus = 380

Explanation:

NOTE : We will not calculate operating surplus just by adding the above mentioned rent and profit . This is so because here in this particular question we are provided with sufficient information regarding domestic income . And so the domestic income will differ ( to the given information in the above question which is  Rs 800) if we just do the addition of rent and profit.

Answer 2

Answer:

operating surplus=compensation + mixed income - ndp fc

×=800-350+70

×=800-420

×=380