WBCS.LIVE practice question

Which of the following is the correct formula for calculating NNP?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. NNP = GNP – DEPRECIATION
  2. NNP = GDP – INCOME
  3. NNP = GDP – DEPRECIATION
  4. NNP = GNP + DEPRECIATION

Correct answer and explanation

Correct answer: NNP = GNP – DEPRECIATION