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​Study the given table and answer the question that follows.The table shows loan disbursed (in ₹ crores) by four banks in different years. BanksYears1
Question

Study the given table and answer the question that follows.

The table shows loan disbursed (in ₹ crores) by four banks in different years.

Banks

Years

1992

1993

1994

1995

1996

P

20

25

47

31

72

Q

28

35

20

43

39

R

31

32

24

18

15

S

33

18

29

34

44

Total

112

110

120

126

170

What was the percentage increase of disbursement of loans of all banks together from 1994 to 1995?

A.

7%

B.

5%

C.

8%

D.

10%

Correct option is B

Given:

Loan disbursed by four banks in different years

Solution:

Total disbursement by all banks in 1994 = 120crores

Total disbursement by all banks in 1995 = 126 crores

Increase = 126 -120 = 6 crores

Percent increase =6120×100 \frac{6}{120} \times 100​ = 5%

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