Economy, asked by rohit009122, 8 months ago

If there are five persons in a family with income of Rs.6000, 5000, Rs.4000, Rs.3000, Rs.2000, what is the average income of a person.

Answers

Answered by niharika20055
22
Average income= sum of the total income of the given families / no of families
Average income = 6000+5000+4000+3000+2000/5
Average income= 20000/5
Average income= Rs. 4000
Answered by divyanjali714
1

Concept: Average income of the family means that the income earned by the each or every person of the family.

Given: Income of five persons in a family are: Rs.6000, 5000, Rs.4000, Rs.3000 and Rs.2000.

Find: Calculate the average income of the given family.

Solution: Average income=\frac{Total income}{No. of family members}

Total income=Rs.6000+5000+4000+3000+2000

                    =Rs.20,000.

No. of family members=5

Average income=\frac{20,000}{5}

                           =Rs.4,000.

Final answer: Average income of a person is Rs.4,000.

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