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प्रश्न
If nominal income is Rs 500 and price index is 125, calculate real income.
बेरीज
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उत्तर
Given:
Nominal Income = Rs. 500
Price Index = 125
`"Real Income"="Nominal Income"/"Price Index of Current Year" xx "Price Index of Base Year"`
Consider that Price Index of base year as 100
`"Real Income" = 500/125xx100`
Real Income = 4 × 100
Real Income = 400
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