If GDP is ₹8000 crore and population is 40 crore, what is per capita GDP?
Answer and explanation
Correct answer: ₹200
Per capita GDP is calculated as total GDP divided by population. Thus, ₹8000 crore ÷ 40 crore = ₹200 per person. The word ‘crore’ appears in both the numerator and denominator, so the units cancel during division. Therefore, option A is correct. This figure is an average and does not imply that every person actually receives ₹200.
Frequently asked questions
What is the correct answer to this question?
₹200
Why is this the correct answer?
Per capita GDP is calculated as total GDP divided by population. Thus, ₹8000 crore ÷ 40 crore = ₹200 per person. The word ‘crore’ appears in both the numerator and denominator, so the units cancel during division. Therefore, option A is correct. This figure is an average and does not imply that every person actually receives ₹200.
Which subject and chapter does this question cover?
This is a Class 12 Economics question. Chapter: National Income and Related Aggregates. Topic: Aggregates related to national income - GDP.
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