The table shows India’s Net National Income and per capita Net National Income…
2023
The table shows India’s Net National Income and per capita Net National Income from 2015-16 to 2019-20. Use the data to answer the question.
Year | Net National Income (lakh crore rupees) | Per capita Net National Income (thousand rupees) |
|---|---|---|
2015-16 | 122 | 95 |
2016-17 | 136 | 105 |
2017-18 | 151 | 115 |
2018-19 | 167 | 126 |
2019-20 | 177 | 132 |
What is the percentage increase in per capita Net National Income from 2015-16 to 2019-20?
Answer: A. ~ 38.94% — ConceptFor any quantity that changes from an initial value to a final value, percentage increase measures the change relative to the initial value. Use:…
- A.
~ 38.94%
- B.
~ 48.24%
- C.
~ 30.61%
- D.
~ 42.40%
Show answer & explanation
Correct answer: A
Concept
For any quantity that changes from an initial value to a final value, percentage increase measures the change relative to the initial value.
Use: percentage increase = ((final value - initial value) / initial value) × 100.
Application
From the table, the initial per capita Net National Income in 2015-16 is 95 thousand rupees and the final value in 2019-20 is 132 thousand rupees.
Compute the absolute increase: 132 - 95 = 37 thousand rupees.
Divide the increase by the initial value: 37 / 95 = 0.389473....
Convert the ratio to a percentage: 0.389473... × 100 = 38.9473...%, which rounds to 38.95% to two decimal places. Among the supplied approximate values, ~38.94% is the closest.
Cross-check
Cross-check the source option: 95 × 1.3894 = 131.993, which rounds to the table’s final value 132. Thus the exact calculation gives about 38.95%, and ~38.94% is the closest supplied approximate value.