Instructions

Answer the questions based on the following information. The following bar chart gives the growth percentage in the number of households in the middle, upper-middle and high-income categories in the four regions for the period between 1987-88 and 1994-95.

(Number of households in thousands)

Question 10

What was the average income of the high-income group in 1987-88?

Solution

The answer to this question is provided in the table.
The average income of middle income category is 30,000
The average income of upper-middle income category is 50,000 and
The average income of high income category is 75,000

Hence, the correct answer is 75,000

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What was the average income of the high-income group in 1987-88?

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