Question

estimate the following with the help of given data gdp mp net value added to factor cost and prove that it is equal to the ndps by income method​

Answer 1

Answer:

The error is that you have not taken into account the change in stock (closing stock - opening stock).  Its value is 200 (400 - 200). 

When this taken into account the value becomes:

Now Sales + change in stock - Purchase of raw material = GDP at MP (1100)  

GDP at MP - Depreciation - Net Indirect Taxes = NDP at FC  

1100 - 200 - (150-50) =800 = NDP at FC