Country A had a Net Domestic Product at factor cost of Rs. 4,200 crore in 2025. Indirect taxes amounted to Rs. 300 crore, subsidies were Rs. 150 crore, depreciation was Rs. 250 crore, and net factor income from abroad was Rs. 80 crore. Compute the Gross National Product at market price for Country A in 2025.

Step-by-step solution

1. $Step,1:$ Write the sequence of conversions from NDP to GNP: $GN{P}_{MP}=ND{P}_{FC}+IT-S+D+NFI$
2. $Step,2:$ Substitute the given values: $GN{P}_{MP}=4200+300-150+250+80$
3. $Step,3:$ Perform the additions and subtractions: $4200+300=4500$
4. $Step,4:$ $4500-150=4350$
5. $Step,5:$ $4350+250=4600$
6. $Step,6:$ $4600+80=4680$
7. $Step,7:$ The computed GNP at market price is Rs. 4,680 crore.
8. $Step,8:$ Verify that all components were correctly added: indirect taxes (+), subsidies (–), depreciation (+), net factor income (+).
9. $Step,9:$ Provide the final answer: Rs. 4,680 crore.

Concept tested: Conversion from NDP to GNP

Published 13 October 2026 · How this solution was prepared and checked