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 percentage increase (%) in per capita Net National Income during 5 years (i.e 2015-16 to 2019-20)?
Correct Answer :
∼ 38.94%
Solution :
The correct option is ∼ 38.94%.
To find the percentage increase in the per capita Net National Income of India from the year 2015-16 to 2019-20, we follow these steps:
Step 1: Identify the values from the given table.
- Per capita Net National Income in 2015-16 = 95 thousand rupees
- Per capita Net National Income in 2019-20 = 132 thousand rupees
Step 2: Calculate the absolute increase in the income.
Step 3: Calculate the percentage increase using the formula.
The percentage increase is calculated with respect to the initial value (2015-16):
Substituting the values into the formula:
Rounding to two decimal places gives approximately 38.94%.
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