Calculate National Income using the income method
Solution:
National Income by Income Method
NNPFC = Compensation of employees + Rent + Profit + Interest +Mixed income of self employed +Royalty - Net factor income to abroad
= 2000 +400+ 900+500 +7000 +100 -50
= Rs 10850 Crore.
National Income by Income Method
NNPFC = Compensation of employees + Rent + Profit + Interest +Mixed income of self employed +Royalty - Net factor income to abroad
= 2000 +400+ 900+500 +7000 +100 -50
= Rs 10850 Crore.