Mathematics · Aptitude - Percentage and Growth Rates
A financial analyst is evaluating the Per Capita Income (PCI) figures released by the NSO for FY 2024-25 and FY 2025-26. The nominal GDP for FY 2024-25 was INR 300 Lakh Crore, and the population was 142 Crore. The estimated nominal GDP for FY 2025-26 is INR 330 Lakh Crore, and the estimated population is 144 Crore. Calculate the approximate percentage increase in Nominal Per Capita Income from FY 2024-25 to FY 2025-26.
- 110.0 percent
- 29.1 percent
- 38.2 percent
- 48.47 percent✓
Correct answer
8.47 percent
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