Skip to content
Worked Examples · Example 8

Q.A country's National Income (NNP at Factor Cost) is Rs 2,40,000 crore and its population is 60 crore.

(i) Calculate its Per Capita Income.
(ii) If, in the next year, national income rises to Rs 2,80,000 crore and population rises to 64 crore, does per capita income rise or fall?
ChseodishaTextbookSubjectiveImportance★★★★★est
25% · 11/44 Questions
🔒 Locked · start free trial →

You're viewing a preview — the full solution, concept, methods & PYQ mapping are locked.

Start your 14-day free trial to unlock the full solution →

Using the formula PCI=National IncomePopulationPCI = \dfrac{\text{National Income}}{\text{Population}}:

(i) First year:

PCI=2,40,000 crore60 crore=4,000PCI = \dfrac{2{,}40{,}000 \text{ crore}}{60 \text{ crore}} = 4{,}000

Independent check: 4,000×60 crore=2,40,000 crore4{,}000 \times 60 \text{ crore} = 2{,}40{,}000 \text{ crore}, which matches the given national income.

(ii) Second year:

PCI=2,80,000 crore64 crore=4,375PCI = \dfrac{2{,}80{,}000 \text{ crore}}{64 \text{ crore}} = 4{,}375

Independent check: 4,375×64 crore=2,80,000 crore4{,}375 \times 64 \text{ crore} = 2{,}80{,}000 \text{ crore}, which matches. …

Unlock everything free for 14 days

  • Full step-by-step solutions
  • Concept-first explanations
  • Methods, shortcuts & mistakes
  • PYQ mapping + timed mock tests

Full access for 14 days. No credit card required.