Assume there are four families in a country. The average per capita income of these families is ₹ 5000. If the income of three families is ₹ 4000, ₹ 7000 and ₹ 3000 respectively, what is the income of the fourth family? (a) ₹ 7,500 (b) ₹ 3,000 (c) ₹ 2,000 (d) ₹ 6,000
Correct option is D) Per capita income is the total income of the country/state divided by the number of people in that country/state. Here total four families. The average per capita income (5000) is equal to (4000+7000+3000+x) / 4 Income of fourth family is Rs. 20,000 - Rs. 14,000 = Rs. 6,000.
