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Q.

Assume, there are four families in a country. The average per capita income of these families is Rs 6000. If the incomes of three families are Rs 4000, Rs 7000 and Rs 6000 respectively, what is the income of the fourth family?


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a

Rs 7500

b

Rs 3000

c

Rs 2000

d

Rs 7000 

answer is D.

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Detailed Solution

The average income of the fourth family is Rs 7000.
The average per capita income is obtained by dividing the total income by the total population.
Thus, in this case, Average income × 4 = Total income
Total income of four families = 4 × 6000 = 24,000
Total income of three families = 4000 + 7000 + 6000 = 17,000
Total income of the fourth family = 24,000 - 17,000 = 7,000
 
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