The following table shows Net National Income (in Lac Crore) and Per capita Net National Income (in thousand) of India during the 5 year period from the year 2015-16 to 2019-20. Based on the data in the table, answer the questions that follow

Year	Net National Income (in Lac, Crore rupees)	Per Capita Net National Income (in thousand rupees)
2015-16	122	95
2016-17	136	105
2017-18	151	115
2018-19	167	126
2019-20	177	132

What is the percentage increase (%) in per capita Net National Income during 5 years (i.e 2015-16 to 2019-20)?

The correct option is ∼ 38.94%.

Step-by-Step Explanation:

To find the percentage increase in the per capita Net National Income over the 5-year period from 2015-16 to 2019-20, we retrieve the corresponding values from the provided data table:

1. Per Capita Net National Income in the initial year (2015-16) = 95 (in thousand rupees)
2. Per Capita Net National Income in the final year (2019-20) = 132 (in thousand rupees)

The formula to calculate the percentage increase is:

$$\text{Percentage Increase}=\frac{\text{Value in 2019-20}-\text{Value in 2015-16}}{\text{Value in 2015-16}}\times 100$$

Substituting the values into the formula, we get:

$$\text{Percentage Increase}=\frac{132-95}{95}\times 100$$

First, calculate the absolute increase in per capita Net National Income:

$$132-95=37$$

Next, calculate the percentage increase:

$$\text{Percentage Increase}=\frac{37}{95}\times 100$$

$$\text{Percentage Increase}\approx 0.38947\times 100\approx 38.947\%$$

Rounding this value to two decimal places gives approximately 38.94%.