If a farmer sells wheat to miller for ₹600 and miller sells flour to baker for ₹800. The baker sells bread to consumer for ₹1300, then the total…
CA Foundation · Business Economics · MTP · September 2024
If a farmer sells wheat to miller for ₹600 and miller sells flour to baker for ₹800. The baker sells bread to consumer for ₹1300, then the total value added in the process is:
Suggested Answer and Working Notes:
Correct Answer: Option (C)
C. ₹700
Topics: Determination of National Income
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