Answer:
Real GDP =\[\frac{\text{Nominal}\,\,\text{GDP}}{\text{Price}\,\,\text{Index}}\,\,\times \,\,100\] substituting the given values in the question \[\text{Real}\,\,\text{GDP = }\frac{1200}{120}\,\,\times \,\,100\] or, Real GDP = Rs. 1000
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