What's the formula for calculating average income??
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- What's the formula for calculating average income??
- Average income=money earned÷time duration.
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Answer:
Average Income or the per capital Income is calculated by National income divided by Population. So the average income of country A be 10000. The amount of money earned in specific days I.e you earned 6rupees in 3 days so 6*3=18 so your average will be 18÷3. Average income=money earned÷time duration.
Explanation:
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