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Study the following information carefull...

Study the following information carefully and answer the given questions:
The diagram, given below shows the data related to loan fair. In total z number of people contacted for a loan fair, from which x number of people visited loan fair and 9600 people shown interest for a loan. Out of the total number of people shown interest for a loan only `37.5%` applied for the loan. Out of the total number of people applied for the loan, only `20%` are eligible for a loan. Out of the total number of people eligible for a loan, loan of only `y%` people are disbursed

If out of the number people who have applied for loan, 2880 were not eligible for a loan, then how many people are eligible for a loan?

A

1440

B

11520

C

360

D

720

Text Solution

Verified by Experts

The correct Answer is:
D

Total number of people shown interest for a loan = 9600
Total number of people who have applied for loan `= 37 . 5 % ` of 9600
= (75)/( 200) xx 9600 = 3600`
Since, 2880 were not eligible for a loan, So, total no. of people eligible for loan = 3600 – 2880 = 720
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