If utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added in process?
A. Rs 1000
B. Rs 500
C. Rs 400
D. Rs 300
Answer: Option D
Solution (By Examveda Team)
If utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then the value added in process is Rs 300.This Question Belongs to General Knowledge >> Indian Economy
Answer will be Rs.500 not Rs.300
How is it
How is it