There are eight families and their total income is Rs. 40,000. Calculate the per capita income of each
family. Does this mean that there is more or less equal distribution of wealth among these families? Justify.

Question

There are eight families and their total income is Rs 40,000
Calculate the per capita income of each
family Does this mean that there is more or less equal distribution
of wealth among these families? Justify

The Mykey Siddharth · Accepted Answer

Per Capita Income = Total income / Total no of Families =
40, 000 / 8 = 5,000
P C I of each family = Rs 5,000
Yeah because the P C I doesn't explains us that how is the money
distributed among those families

Hope it helps !!!

There are eight families and their total income is Rs. 40,000. Calculate the per capita income of each family. Does this mean that there is more or less equal distribution of wealth among these families? Justify.

There are eight families and their total income is Rs. 40,000. Calculate the per capita income of each
family. Does this mean that there is more or less equal distribution of wealth among these families? Justify.