Class 10 Exam  >  Class 10 Questions  >  calculate the average income of country A and... Start Learning for Free
calculate the average income of country A and B
?
Verified Answer
calculate the average income of country A and B Related: Key Concepts...
To calculate the average income of a country, you will need to know the total income of the country and the total population of the country. You can then use the following formula:
Average income = Total income / Total population
For example, if Country A has a total income of $100 million and a population of 10 million, the average income would be:
Average income = $100 million / 10 million = $10,000
Similarly, if Country B has a total income of $200 million and a population of 20 million, the average income would be:
Average income = $200 million / 20 million = $10,000
In this case, both Country A and Country B have an average income of $10,000. However, it is important to note that this calculation only gives an average and does not take into account the distribution of income within the country or the purchasing power of the currency.
This question is part of UPSC exam. View all Class 10 courses
Explore Courses for Class 10 exam

Top Courses for Class 10

calculate the average income of country A and B Related: Key Concepts: Development?
Question Description
calculate the average income of country A and B Related: Key Concepts: Development? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about calculate the average income of country A and B Related: Key Concepts: Development? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for calculate the average income of country A and B Related: Key Concepts: Development?.
Solutions for calculate the average income of country A and B Related: Key Concepts: Development? in English & in Hindi are available as part of our courses for Class 10. Download more important topics, notes, lectures and mock test series for Class 10 Exam by signing up for free.
Here you can find the meaning of calculate the average income of country A and B Related: Key Concepts: Development? defined & explained in the simplest way possible. Besides giving the explanation of calculate the average income of country A and B Related: Key Concepts: Development?, a detailed solution for calculate the average income of country A and B Related: Key Concepts: Development? has been provided alongside types of calculate the average income of country A and B Related: Key Concepts: Development? theory, EduRev gives you an ample number of questions to practice calculate the average income of country A and B Related: Key Concepts: Development? tests, examples and also practice Class 10 tests.
Explore Courses for Class 10 exam

Top Courses for Class 10

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev