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 & Solution

Correct Answer: Option D

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.

Question posted by Examveda

Community

Join the Discussion

3 Comments

Join the discussion

Amit Kumar 8 years ago

Answer will be Rs.500 not Rs.300

Chittaranjan Prabhu 8 years ago

How is it

Chittaranjan Prabhu 8 years ago

How is it

Keep Learning

If utensils worth Rs 1000 are produced with copper worth Rs...

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?

Join the Discussion

Related Questions on Indian Economy