The average per‑capita rural income in 2012‑13 was Rs. 1,700 and rose to Rs. 2,050 in 2017‑18. During the same period the rural population increased from 950 million to 1.00 billion. Calculate the percentage change in total rural income between the two years.
Answer
Approximately 27% increase
The correct answer is Approximately 27% increase — Round the result to the nearest whole number: ≈ 27%.
Step-by-step solution
- Compute total rural income in 2012‑13: 1,700 × 950 million = 1,615,000 million rupees.
- Compute total rural income in 2017‑18: 2,050 × 1,000 million = 2,050,000 million rupees.
- Find the absolute increase: 2,050,000 - 1,615,000 = 435,000 million rupees.
- Calculate percentage increase: (435,000 / 1,615,000) × 100 ≈ 26.93%.
- Round the result to the nearest whole number: ≈ 27%.
Common mistake: Using only per‑capita change and ignoring population growth
Concept tested: Growth of total rural income
Published · How this solution was prepared and checked
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