Economy, asked by vishal4036, 3 months ago

If there are 90 families and their total income is 90,000 the per capita income
of each family would be​

Answers

Answered by amitbhaiya489100
0

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.

Answered by parulsehgal06
0

Answer:

Per capita of Income each family = Rs. 1000

Explanation:

Per Capita Income:

  • Per capita income can be thought of as an economic barometer that measures the income earned by a person within a given set of monetary units, such as a geographic region, province, country, city, area, sector, etc. in a specific period, e.g., during a year.
  • It typically aims to determine the average income earned by a person to evaluate the standard of living of a group of people living within that geographical region during that specific period.

Given,

                           No. of families = 90

     Total income of the families =  90,000

Per capita Income of each family = Total income of families/No. of families

                                                       = 90,000/90

                                                       = 1000

 Hence, Per capita of Income each family = Rs. 1000

Know more about Per Capita Income:

https://brainly.in/question/8674050?referrer=searchResults

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