assume there are 4 families in a country the average per capita income of these families rs 4000.If the income if three family is Rs 4500,Rs 5500and Rs7000 respectively. what is the income of fourth family
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Explanation:
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.
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