Question

Find out net national product at factor from the following ; gross national product at factor cost =rs 1100 crore .consumption of fixed capital rs 100

Answer 1

Answer:

NNP at FC = GNP at FC - depreciation

NNP at FC = 1100-100

NNP at FC = 1000 crore

Explanation:

Gross  = net+ depreciation

To get net from gross figures, substract depreciation