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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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