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The average monthly income of a person in a certain family of 5 members is ₹ 1000. What will be monthly average income of a person in the same family, if the income of one person increased by ₹ 12000 per year?
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- ₹ 1200
- ₹ 1600
- ₹ 2000
- ₹ 3400
Correct Option: A
Total Income of the family per month
= 5 x 1000
= ₹ 5000
Increased amount per month = 12000/12 = ₹ 1000
Now, total amount of family income = ₹ 6000 per month
So, the average income of the family per month after increase = 6000/5
= ₹ 1200
