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

Number of people who were eligible for a loan but whose loans were not disbursed is equal to the `9%` of the number of people who shown interest in the loan but did not apply for a loan. Find the value y.

Options

A. `12.5`
B. 25
C. `16.67`
D. 20

Answer

D

Explanation

Total number kof people eligible for loan `20% ` of `5% ` of 9600
or ` (20)/(100) xx (75)/(200) xx 9600 = 720`
Total number of people who shown interest but did not apply for loan = ` 62.5% ` of 9600
or, `(625)/(1000) xx 9600 = 6000`
Now , `9%` of 6000 = 540 = whose loans were not disbursed
So, people whose loans were disbursed = 720 - 540 = 180
Hence, value of y = 180