Instructions
Study the following tables carefully and answer the questions given below:
Number of people taking fresh loans from different Banks over the years and the percentage of defaulters amongst them each year
Number of people taking fresh loans from different banks over the year
NUMBER
Approximate Percentage of defaulters amongst them each year
PERCENTAGE
Question 126
Approximately how many people taking a loan from Bank S in the year 2006 were defaulters ?
Solution
Total number of people taking loans from bank S in 2006 = 29565
% defaulters = 21 %
=> Number of people taking loan from Bank S in the year 2006 who were defaulters
= $$\frac{21}{100} \times 29565$$
= $$6208.65 \approx 6210$$
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