If Nomial Income is Rs. 500 and Price Index is 125, Calculate real inc – InterviewSolution

1.

If Nomial Income is Rs. 500 and Price Index is 125, Calculate real income.

Answer»

$\huge\color{lime}\boxed{\colorbox{black}{☞Answer☜}}$ REAL INCOME = Nominal income /Price index X 100

=500X100/125

= 5000/125

= 400

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