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Question
Suppose, the monthly income of the family members is as follows respectively:
- Mother - ₹ 50,000/-
- Father - ₹ 40,000/-
- Son - ₹ 20,000/-
- Daughter - ₹ 20,000/-
The average income of the family would be ______.
Options
₹ 32,000/-
₹ 30,000/-
₹ 32,500/-
₹ 33,000/-
MCQ
Fill in the Blanks
Solution
The average income of the family would be ₹ 32,500/-.
Explanation:
Average Income = `(₹(50,000 + 20,000 + 40,000 + 20,000))/4`
= `(₹ 1,30,000)/4`
= ₹ 32,500
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