Direction: Study the table given below and answer the following question.
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In which year the disbursement of loans by all the banks combined together was nearest to the average disbursement of loans over the years?
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- 2005
- 2006
- 2007
- 2008
Correct Option: B
Average disbursement of loans over the years = Total disbursement of loans of all bank (In 2005 + In 2006 + In 2007 + In 2008 ) / Total number of banks
Total number of banks = Bank A + Bank B + Bank C + Bank D
Total number of banks = 1+1+1+1 = 4
Average disbursement of loans over the years = (87 + 104 + 113 +120)/4 = 424/4 = 106 ≈ 104
Which is nearly equal to the disbursement of loans in year 2006.
