Treatment in Partner's Capital Account-Change in PSR
If three grou...
Question
If three groups of people in a country have individual incomes of Rs. 4,000, Rs. 6000, and Rs. 7000, what would be the average national income?
A
Rs. 4500
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B
Rs. 5000
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C
Rs. 5500
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D
Rs. 6000
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Solution
The correct option is C Rs. 5500 Total income = 4000+ 6000+ 7000 = 17000 average national income = (total income) / (number of groups) = (17000) / (3) = 5500