If there r four families and their total income is 20000 . What would be the per capita income of each family
Answers
Answered by
7
Answer:
5000 beacuse 20000 divided by 4 is 5000
Answered by
0
Answer:
Per capita income = 5000
Explanation:
Given,
Number of people in family = 4
Total income of family = 20000
To find : per capita income
Per capita income is a measure of the amount of money earned per person in a nation or geographic region. Per capita income can be used to determine the average per-person income for an area and to evaluate the standard of living and quality of life of the population.
Per capita income = Total income / total number of people
Per capita income = 20000/ 4
Per capita income = 5000
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