Question:
In which year did the average disbursement of loans record the highest percentage increase over that of the previous year?
In which year did the average disbursement of loans record the highest percentage increase over that of the previous year?
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To find percentage increase in averages, compute average per year and compare incrementally using \( \frac{\text{New} - \text{Old}}{\text{Old}} \times 100 \).
Updated On: Jul 31, 2026
- 1984
- 1986
- 1985
- 1983
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Verified By Collegedunia
The Correct Option is B
Solution and Explanation
Step 1: Total disbursements and number of banks per year
From the table: \begin{align} \text{1982: } & \frac{118}{5} = 23.6
\text{1983: } & \frac{120}{5} = 24 \quad (\text{increase } \frac{24 - 23.6}{23.6} \approx 1.69%)
\text{1984: } & \frac{140}{5} = 28 \quad (\text{increase } \frac{28 - 24}{24} = 16.67%)
\text{1985: } & \frac{154}{5} = 30.8 \quad (\text{increase } \frac{30.8 - 28}{28} = 10%)
\text{1986: } & \frac{203}{5} = 40.6 \quad (\text{increase } \frac{40.6 - 30.8}{30.8} \approx 31.82%)
\end{align}
Step 2: Compare year-on-year percentage increases
- 1983 over 1982: \( \approx 1.69% \)
- 1984 over 1983: \( \approx 16.67% \)
- 1985 over 1984: \( \approx 10% \)
- 1986 over 1985: \( \approx 31.82% \)
Conclusion: 1986 has the highest increase.
Correction: The correct answer is (b) 1986
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