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. 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

    38000

    29000

    42000

    Arrears

    6000

    6300

    5000

    7500

    Bonus

    1000

    1100

    1000

    1240

    Overtime

    1800

    1950

    1400

    1500


    By what percent are the Arrears of Amit and Suresh taken together less than the Arrears of Nitin and Varun taken together?
  2. Study the Table Properly and answer by interpreting the data

    The table shows the percentage population of five districts in a state below poverty line and the proportion of males and females.

    DistrictPercentage of population
    below poverty level
    Proportion of Male and Female 
    Below poverty line (M:F)Above poverty Line (M:F)
    D1152 : 33 : 2
    D2183 : 47 : 5
    D3202 : 53 : 4
    D4255 : 24 : 3
    D5123 : 72 : 7

    If the total population in the district D3 is 40,000, then what is the population of below poverty line in the district D3, ?

  3. The table given below shows the marks obtained by 4 students in 5 subjects. The maximum marks of each subject is 100.

    Subjects

    Students

    P1

    P2

    P3

    P4

    S1

    89

    100

    92

    91

    S2

    62

    52

    72

    37

    S3

    57

    55

    70

    65

    S4

    76

    85

    76

    58

    S5

    85

    70

    66

    62

    What is the total percent marks of P4?

  4. The data given below shows the number of people who have saved a certain amount of money.

    Savings

    (in Rs.)

    Number of people

    5

    1

    15

    3

    20

    4

    25

    2

    30

    1

    35

    1

    40

    2

    What is the mode of the given data?

  5. The table given below shows the runs scored by 4 different batsmen B1, B2, B3, and B4 in 5 different matches of a series.

    Matches

    M1

    M2

    M3

    M4

    M5

    B1

    120

    95

    83

    86

    20

    B2

    12

    8

    0

    196

    52

    B3

    23

    36

    45

    19

    27

    B4

    56

    65

    85

    45

    42

    What is the difference in the total number of runs scored by B1 and B4 in these 5 matches?

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