All Exams Test series for 1 year @ ₹349 only
Question

The table given below shows the GDP of two countries in different five years.

Country
YearsAB
Y1175285
Y2200300
Y3150125
Y47585
Y55095

K1 = The value of average GDP of country A in all the 5 years.

K2 = The value of average GDP of country B in all the 5 years.

What is the value of (K1 + K2)?

The correct answer is

308

This question asks us to calculate the sum of the average GDPs of two countries, Country A and Country B, over a period of five years (Y1 to Y5). We are given a table containing the GDP values for each country in each year.

Country Y1 Y2 Y3 Y4 Y5
A 175 200 150 75 50
B 285 300 125 85 95

We need to find the value of K1 + K2, where:

  • K1 = Average GDP of Country A over 5 years.
  • K2 = Average GDP of Country B over 5 years.

Calculating Average GDP for Country A (K1)

To find the average GDP for Country A, we need to sum the GDP values for Country A across all five years and divide by the number of years, which is 5.

Sum of GDP for Country A = GDP(Y1) + GDP(Y2) + GDP(Y3) + GDP(Y4) + GDP(Y5)

Sum of GDP for Country A = 175 + 200 + 150 + 75 + 50 = 650

Now, calculate the average GDP (K1):

K1 = $\frac{\text{Sum of GDP for Country A}}{\text{Number of years}}$

K1 = $\frac{650}{5}$

K1 = 130

So, the average GDP of Country A (K1) is 130.

Calculating Average GDP for Country B (K2)

Similarly, to find the average GDP for Country B, we sum the GDP values for Country B across all five years and divide by 5.

Sum of GDP for Country B = GDP(Y1) + GDP(Y2) + GDP(Y3) + GDP(Y4) + GDP(Y5)

Sum of GDP for Country B = 285 + 300 + 125 + 85 + 95 = 890

Now, calculate the average GDP (K2):

K2 = $\frac{\text{Sum of GDP for Country B}}{\text{Number of years}}$

K2 = $\frac{890}{5}$

K2 = 178

So, the average GDP of Country B (K2) is 178.

Calculating the Value of (K1 + K2)

Finally, we need to find the sum of the average GDPs of the two countries, which is (K1 + K2).

(K1 + K2) = 130 + 178

(K1 + K2) = 308

The value of (K1 + K2) is 308.

Revision Table: Average GDP Calculation

Country Sum of GDP (Y1-Y5) Number of Years Average GDP (K1 or K2)
A 650 5 K1 = $\frac{650}{5} = 130$
B 890 5 K2 = $\frac{890}{5} = 178$

Final Calculation: K1 + K2 = 130 + 178 = 308.

Additional Information: Understanding Average GDP

Average GDP is a simple measure used to understand the typical economic output of a country over a specific period. It is calculated by summing the GDP values for each year in the period and dividing by the total number of years. This gives a single value that represents the central tendency of the GDP data over that time. While useful for comparisons, it doesn't show variations or growth trends within the period. Other measures like growth rates provide more insight into economic performance changes over time.

Was this answer helpful?

Important Questions from Tabulation

  1. The table shows District-wise data of a number of primary school teachers posted in schools of a city.

    Study the table and answer the question:

    District

    Male teachers

    Female teachers

    East

    1650

    2375

    North

    1075

    2651

    West

    1280

    1520

    South

    1170

    1085

    Central

    690

    859


    What is the difference between the total number of male teachers in the districts East, North, West taken together and the total number of female teachers in the districts East and South?
  2. Table shows income (in Rs. ) received by 4 employees of a company during the month of December 2020 and all their income sources.

    Source

    Amit

    Suresh

    Nitin

    Varun

    Salary

    35000

    38500

    29000

    42000

    Arrears

    6000

    6300

    5000

    7500

    Bonus

    1000

    1100

    1000

    1240

    Overtime

    1800

    1950

    1400

    1500


    What is the ratio of salary of Varun to his income other than salary?
  3. Study the table and answer the question:

    Income (Rs.)

    No. of persons

    Less than 200

    12

    Less than 250

    26

    Less than 300

    34

    Less than 350

    40

    Less than 400

    50


    What is the percentage of persons earning Rs. 250 or more?
  4. The following table shows the annual profit of a company (in Rs. lakh).

    2014-2015

    2015-2016

    2016-0217

    2017-2018

    2018-2019

    625

    690

    725

    775

    815

    The period which has the maximum percentage increase in profit over the previous year is:

  5. The table given below shows the number of persons participating in a survey from 6 different states.

    States Persons 
    S1100
    S2200 
    S3400 
    S4500 
    S5600 
    S6800

    What is the ratio of number of person participating in a survey from state S3 to the number of person participating in a survey from state S4?

Need Expert Advice?

Start Your Preparation with Prepp Mobile App

Download the app from Google Play & App Store
Download the app from Google Play & App Store
Prepp Mobile App