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01 August 2022 13:38

Estimating population of West Bengal as 10 Cr

West Bengal
10 Cr

Rural Urban

70% (i.e. 7 Cr) 30% (i.e. 3 Cr)

Assuming average no. of people in a family as 5 members

Avg no of Avg no of
Rural Houses Urban Houses

1.5 Cr 0.5 Cr

Lower Class Upper Class Middle Class Lower Class

Upper Class Middle Class
25% 25% 50% 25%
25% 50%
35 Lakhs 75 Lakhs 35 Lakhs 12.5 Lakhs 25 Lakhs 12.5 Lakhs

A S S U M I N G C Y C L E S / H O U S E

10% 40% 20% 20% 40% 10%

3.5 Lakhs 30 Lakhs 7 Lakhs 2.5 Lakhs 10 Lakhs 1.25 Lakhs

T O T A L C Y L E S = 3.5 + 30 + 7 + 2.5 + 10 + 1.25 = 54.25 Lakhs

The same consumers will not purchase cycles year after year since the cycles will have a lifespan.
Assuming the cycle has a life period of 3 years.

~ 18 Lakhs
Quick Notes Page 1