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The average monthly income of a person in a certain family of 5 is Rs. 10,000. What will be the average monthly income of a person in the same family if the income of one person increased by Rs. 1,20,000 per year?
Rs. 12,000
Rs. 16,000
Rs. 20,000
Rs. 34,000
Average monthly income = Rs.10,000 So, total monthly income of the family of 5 = Rs.50,000 If one person's income increases by Rs.1,20,000 per year, his/her monthly income increases by Rs.10,000. So, total monthly income now becomes = Rs.60,000 So, average monthly income now becomes 60/5 = Rs.12,000.
By: Amit Kumar ProfileResourcesReport error
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