What is the per capita monthly expenditure?

1.	What is the per capita monthly expenditure?
Answer» Per capita income is the average income per head of population in one year. Per capita monthly expenditure of an individual family can be calculated by using the following formula. Per Capita monthly expenditure =\(\cfrac{Total \,Income \,of \,a \,family}{No. of \,members\, in \,a \,family}\) Note: Students can do further calculations with the help of their family head.

Answer»

Per capita income is the average income per head of population in one year.

Per capita monthly expenditure of an individual family can be calculated by using the following formula.

Per Capita monthly expenditure =\(\cfrac{Total \,Income \,of \,a \,family}{No. of \,members\, in \,a \,family}\)

Note: Students can do further calculations with the help of their family head.

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