Question Details

The following table shows Net National Income (in Lac Crore) and Per capita Net National Income (in thousand) of India during the 5 year period from the year 2015-16 to 2019-20. Based on the data in the table, answer the questions that follow

 Year Net National Income
(in Lac, Crore rupees)
Per Capita Net
National Income
(in thousand rupees)
2015-16  122 95
2016-17
 136
 105
 2017-18
 151
 115
 2018-19
 167
 126
 2019-20
 177
 132

What is the average per capita Net National Income (in thousand rupees) per year?

Options

A

103.25

B

114.6

C

110.3

D

108.6

Correct Answer :

114.6

Solution :

The correct option is 114.6.

To find the average per capita Net National Income (in thousand rupees) per year, we need to look at the "Per Capita Net National Income (in thousand rupees)" column in the provided table for each of the 5 years:
- For the year 2015-16: 95 thousand rupees
- For the year 2016-17: 105 thousand rupees
- For the year 2017-18: 115 thousand rupees
- For the year 2018-19: 126 thousand rupees
- For the year 2019-20: 132 thousand rupees

The formula to calculate the average is:

Average = Sum of Per Capita Income of all years Total number of years

First, calculate the sum of the per capita income values for all 5 years:

Sum = 95 + 105 + 115 + 126 + 132

Sum = 573

Now, divide this sum by the total number of years, which is 5:

Average = 573 5 = 114.6

Therefore, the average per capita Net National Income per year during this 5-year period is 114.6 thousand rupees.

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