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 128

In which of the following years was the number of defaulters of Bank R, the maximum among the given years ?

Solution

The number of defaulters of Bank R is maximum in the year in which both number of people taking loans and % defaulters is highest.

Clearly, it is highest in 2007 = $$\frac{18}{100} \times 32561$$

= $$5860.98 \approx 5861$$

$$\therefore$$ Number of defaulters of bank R is maximum in 2007

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