CA Foundation · Business Economics · Indian Economy
In a district, there are 40 million persons aged 0-14 years, 120 million aged 15-59 years and 20 million aged 60 years and above. What is the total dependency ratio (dependents per 100 working-age persons)?
The total dependency ratio is 50. Dependents are children (40 million) plus the elderly (20 million), which is 60 million. Dividing by the 120 million working-age persons and multiplying by 100 gives 50 dependents per 100 working-age persons.
- A50Correct
- B33.3
- C16.7
- D60
Explanation
Dependents = 40 + 20 = 60 million. Working-age = 120 million. Ratio = 60/120 × 100 = 50. The value 33.3 counts only children (40/120), and 16.7 counts only the old (20/120). The value 60 divides by nothing, simply reporting dependents.
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