If 20% growth of the total disbusement of loans in the precedding year was the minimum target, how many banks did not achieve the target 2011?
A
4
B
3
C
None of these
Correct Answer: 3
20% of 18 = 18 × 20100 = 3.6 20% of 27 = 27×20100 = 5.4 But the disbursment of loans of other Banks were decreasing. So, 3 banks could not achive the target 2011.