Sr. No. Year Rupees (in Cr.) 1 2016 75 2 2017 85 3 2018 125 4 2019 145 5 2020 190
Which year has the maximum percentage growth in the loan disbursement over the previous year?
Loan Disbursement Data
The loan disbursement data for ABC bank over the last 5 years is provided:
| Sr. No. | Year | Rupees (in Cr.) |
|---|---|---|
| 1 | 2016 | 75 |
| 2 | 2017 | 85 |
| 3 | 2018 | 125 |
| 4 | 2019 | 145 |
| 5 | 2020 | 190 |
Calculate Percentage Growth
To find the year with the maximum percentage growth over the previous year, we calculate the growth rate for each year from 2017 onwards using the formula:
$ \text{Percentage Growth} = \left( \frac{\text{Current Year Disbursement} - \text{Previous Year Disbursement}}{\text{Previous Year Disbursement}} \right) \times 100\% $
Growth Calculation Steps
- 2017 Growth: $ \left( \frac{85 - 75}{75} \right) \times 100\% = \frac{10}{75} \times 100\% \approx 13.33\% $
- 2018 Growth: $ \left( \frac{125 - 85}{85} \right) \times 100\% = \frac{40}{85} \times 100\% \approx 47.06\% $
- 2019 Growth: $ \left( \frac{145 - 125}{125} \right) \times 100\% = \frac{20}{125} \times 100\% = 16.00\% $
- 2020 Growth: $ \left( \frac{190 - 145}{145} \right) \times 100\% = \frac{45}{145} \times 100\% \approx 31.03\% $
Identify Maximum Growth Year
Comparing the calculated percentage growths:
- 2017: 13.33%
- 2018: 47.06%
- 2019: 16.00%
- 2020: 31.03%
The highest percentage growth in loan disbursement occurred in 2018 (47.06%).
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