Assumethere are four families in a country. The average per capita incomeof these families is Rs 5000. If the income of three families is Rs4000, Rs 7000 and Rs 3000 respectively, what is the income of thefourth family?
(i)Rs7500
(ii)Rs3000
(iii)Rs2000
(iv)Rs6000
Per capita income is the total income of the country/state divided by the number of people in that country/state.
Here are a total of four families. The average per capita income (5000) is equal to (4000+7000+3000+x) / 4
Income of fourth family is Rs. 20,000 - Rs. 14,000 = Rs. 6,000.