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 130

Approximately what was the total number of defaulters of Bank T in the years 2007 and 2008 together ?

Solution

Total number of defaulters of Bank T in 2007 = $$\frac{19}{100} \times 36152$$

= $$6868.88 \approx 6869$$

Total number of defaulters of Bank T in 2008 = $$\frac{18}{100} \times 35463$$

= $$6383.34 \approx 6383$$

$$\therefore$$ Total defaulters = $$6869 + 6383 = 13252$$

$$\approx 13250$$

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