Question

define per capita income

Answer 1

Heya...!!!!

HERE IS YOUR ANSWER

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Per capita income refers to the average income of a person earned in a year.

It is used by World Bank to categories the countries in the basis of developed it developing countries.

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HOPE IT HELPS!!!

Answer 2

Hi mate

the income of a person in a country fire is done as per capita income .

calculation of per capita income ---
per capita income =total income of a country b/ total population

Example ---

let the income of a country of a person is 2 lacs and its population is about 1000 then find what is per capita income of that country.

We know capita income = total income of a person /total population
=200000/1000
=200r.s
So the per capita income will be 200 rupees .