Numerical Questions on Income Method of 4.
Calculate Net Domestic Product at Factor
National Income Calculation Cost (NDP at FC)
Given the data below, calculate NDP at
Factor Cost:
o Compensation of Employees: ₹800
1. Calculate National Income crore
Given the following data, calculate National o Rent: ₹250 crore
Income (NNP at Factor Cost): o Interest: ₹300 crore
o Compensation of Employees (wages o Profits: ₹350 crore
and salaries): ₹500 crore o Mixed Income of Self-Employed:
o Rent: ₹150 crore ₹500 crore
o Interest: ₹200 crore o Depreciation: ₹100 crore
o Profits: ₹250 crore
o Mixed Income of Self-Employed:
₹300 crore
o Net Factor Income from Abroad 5. Calculate National Income (NNP at FC)
(NFIA): ₹50 crore Based on the following data, calculate
o Net Indirect Taxes: ₹100 crore National Income (NNP at FC):
o Depreciation: ₹60 crore o Compensation of Employees: ₹700
crore
o Rent: ₹200 crore
o Interest: ₹250 crore
2. Calculate GDP at Factor Cost o Profits: ₹400 crore
Using the following data, calculate GDP at o Mixed Income of Self-Employed:
Factor Cost: ₹300 crore
o Wages and Salaries: ₹600 crore o Net Factor Income from Abroad:
o Rent: ₹200 crore ₹30 crore
o Interest: ₹250 crore o Depreciation: ₹90 crore
o Profit: ₹300 crore
o Mixed Income of Self-Employed:
₹400 crore
o Net Factor Income from Abroad: 6. Find Mixed Income of Self-Employed
₹70 crore Given the data below, calculate the Mixed
o Net Indirect Taxes: ₹120 crore Income of Self-Employed:
o Depreciation: ₹80 crore o GDP at Factor Cost: ₹1800 crore
o Compensation of Employees: ₹700
crore
o Rent: ₹300 crore
3. Calculate Compensation of Employees o Interest: ₹200 crore
Given the following data, calculate the o Profits: ₹400 crore
Compensation of Employees:
o GDP at Factor Cost: ₹1200 crore
o Rent: ₹300 crore
o Interest: ₹250 crore 7. Calculate Net Factor Income from
o Profits: ₹200 crore Abroad (NFIA)
o Mixed Income of Self-Employed: Given the following data, calculate Net
₹200 crore Factor Income from Abroad (NFIA):
o National Income (NNP at FC):
₹1500 crore
o GDP at Factor Cost: ₹1400 crore
o Profits: ₹500 crore
o Mixed Income of Self-Employed:
8. Calculate National Income (NNP at FC) ₹300 crore
Given the following data, calculate National
Income (NNP at Factor Cost):
o Compensation of Employees: ₹800
crore 12. Find National Income (NNP at FC)
o Rent: ₹300 crore Based on the data below, calculate National
o Interest: ₹250 crore Income (NNP at FC):
o Profits: ₹450 crore o Compensation of Employees: ₹950
o Mixed Income of Self-Employed: crore
₹400 crore o Rent: ₹350 crore
o Net Factor Income from Abroad: o Interest: ₹300 crore
₹60 crore o Profits: ₹400 crore
o Depreciation: ₹70 crore o Mixed Income of Self-Employed:
₹450 crore
o Net Factor Income from Abroad:
₹40 crore
9. Calculate GDP at Factor Cost and NDP o Depreciation: ₹90 crore
at Factor Cost
Given the data below, calculate GDP at
Factor Cost and NDP at Factor Cost:
o Wages and Salaries: ₹900 crore 13. Calculate Net Domestic Product at Factor
o Rent: ₹250 crore Cost (NDP at FC)
o Interest: ₹300 crore Using the following data, calculate NDP at
o Profit: ₹350 crore Factor Cost:
o Mixed Income of Self-Employed: o Compensation of Employees: ₹750
₹500 crore crore
o Depreciation: ₹80 crore o Rent: ₹200 crore
o Interest: ₹300 crore
o Profits: ₹450 crore
o Mixed Income of Self-Employed:
10. Determine Mixed Income of Self- ₹500 crore
Employed o Depreciation: ₹100 crore
Given the following information, calculate
the Mixed Income of Self-Employed:
o GDP at Factor Cost: ₹1600 crore
o Compensation of Employees: ₹700 14. Calculate Net Factor Income from
crore Abroad (NFIA)
o Rent: ₹200 crore Given the following data, calculate Net
o Interest: ₹250 crore Factor Income from Abroad (NFIA):
o Profits: ₹150 crore o National Income (NNP at FC):
₹1900 crore
o GDP at Factor Cost: ₹1800 crore
11. Calculate Compensation of Employees
Using the following data, calculate
Compensation of Employees:
o GDP at Factor Cost: ₹2000 crore
o Rent: ₹400 crore
o Interest: ₹300 crore
8. Solution to Q8:
GDP at Factor Cost = Compensation of
Employees + Rent + Interest + Profits + Mixed
Income
= ₹800 + ₹300 + ₹250 + ₹450 + ₹400 = ₹2200
Solutions crore
NDP at Factor Cost = GDP at FC - Depreciation
Solution to Q1: = ₹2200 - ₹70 = ₹2130 crore
GDP at Factor Cost (Domestic Income) = ₹500 + ₹150 NNP at Factor Cost = NDP at FC + Net Factor
+ ₹200 + ₹250 + ₹300 = ₹1400 crore Income from Abroad
= ₹2130 + ₹60 = ₹2190 crore
NNP at Factor Cost = GDP at FC + NFIA - Depreciation
9. Solution to Q9:
= ₹1400 + ₹50 - ₹60 = ₹1390 crore GDP at Factor Cost = Wages and Salaries +
Rent + Interest + Profit + Mixed Income of Self-
1. Solution to Q2: Employed
GDP at Factor Cost = Wages + Rent + Interest + = ₹900 + ₹250 + ₹300 + ₹350 + ₹500 = ₹2300
Profit + Mixed Income crore
= ₹600 + ₹200 + ₹250 + ₹300 + ₹400 = ₹1750 NDP at Factor Cost = GDP at FC - Depreciation
crore = ₹2300 - ₹80 = ₹2220 crore
2. Solution to Q3: 10. Solution to Q10:
Compensation of Employees = GDP at Factor Mixed Income of Self-Employed = GDP at
Cost - (Rent + Interest + Profits + Mixed Factor Cost - (Compensation of Employees +
Income) Rent + Interest + Profits)
= ₹1200 - (₹300 + ₹250 + ₹200 + ₹200) = = ₹1600 - (₹700 + ₹200 + ₹250 + ₹150) =
₹250 crore ₹300 crore
3. Solution to Q4: 11. Solution to Q11:
GDP at Factor Cost = Compensation of Compensation of Employees = GDP at Factor
Employees + Rent + Interest + Profits + Mixed Cost - (Rent + Interest + Profits + Mixed
Income Income)
= ₹800 + ₹250 + ₹300 + ₹350 + ₹500 = ₹2200 = ₹2000 - (₹400 + ₹300 + ₹500 + ₹300) =
crore ₹500 crore
NDP at Factor Cost = GDP at FC - Depreciation 12. Solution to Q12:
= ₹2200 - ₹100 = ₹2100 crore GDP at Factor Cost = Compensation of
4. Solution to Q5: Employees + Rent + Interest + Profits + Mixed
GDP at Factor Cost = Compensation of Income
Employees + Rent + Interest + Profits + Mixed = ₹950 + ₹350 + ₹300 + ₹400 + ₹450 = ₹2450
Income crore
= ₹700 + ₹200 + ₹250 + ₹400 + ₹300 = ₹1850 NDP at Factor Cost = GDP at FC - Depreciation
crore = ₹2450 - ₹90 = ₹2360 crore
NDP at Factor Cost = GDP at FC - Depreciation NNP at Factor Cost = NDP at FC + Net Factor
= ₹1850 - ₹90 = ₹1760 crore Income from Abroad
NNP at Factor Cost = NDP at FC + NFIA = ₹2360 + ₹40 = ₹2400 crore
= ₹1760 + ₹30 = ₹1790 crore 13. Solution to Q13:
5. Solution to Q6: GDP at Factor Cost = Compensation of
Mixed Income of Self-Employed = GDP at Employees + Rent + Interest + Profits + Mixed
Factor Cost - (Compensation of Employees + Income
Rent + Interest + Profits) = ₹750 + ₹200 + ₹300 + ₹450 + ₹500 = ₹2200
= ₹1800 - (₹700 + ₹300 + ₹200 + ₹400) = crore
₹200 crore NDP at Factor Cost = GDP at FC - Depreciation
6. Solution to Q7: = ₹2200 - ₹100 = ₹2100 crore
NFIA = National Income (NNP at FC) - GDP at 14. Solution to Q14:
Factor Cost NFIA = National Income (NNP at FC) - GDP at
= ₹1500 - ₹1400 = ₹100 crore Factor Cost
= ₹1900 - ₹1800 = ₹100 crore