National income of India in 1946 was Rs. 2,500 crores and the population was 350 million. Calculate the per‑capita income in rupees (rounded to the nearest rupee).
Answer
Rs. 71
The correct answer is Rs. 71 — Thus the per‑capita income is Rs. 71.
Step-by-step solution
- Convert national income from crores to rupees: 2,500 crores = 2,500 × 10,000,000 = 25,000,000,000 rupees.
- Divide the total national income by the population: 25,000,000,000 ÷ 350,000,000 = 71.428571… rupees per person.
- Round the result to the nearest rupee, giving 71 rupees per capita.
- Thus the per‑capita income is Rs. 71.
Common mistake: Forgetting to convert crores to rupees before division
Concept tested: Per‑capita income calculation
Published · How this solution was prepared and checked
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