Question

Out of 2500 people, only 60% have the saving habit. If 30% save with the bank, 32% with the post office and the rest with shares, the number of share holders are :

Answer 1

Answer:

570

Step-by-step explanation:

Saving People = 2500 × 60% = 1500

People saving in shares = 100-30-32 = 38%

Answer = 1500 × 38% = 570

Answer 2

The number of shareholders is 570.

Given:

Total people=2,500

People with a saving habit=60%

People who saved with bank=30%

People who saved with post office=32%

To find:

The number of share holders

Solution:

Let the number of share holders be X.

We know that only 60% of the total people saved money.

So, the people who have a saving habit=60% of 2500

=60/100×2500

=60×25

=1,500 people

Now, the percentage of people who hold shares=100% -people who saved with bank-people who saved with the post office

Using values,

=100-30-32

=100-62

=38%

The required number of people who hold shares=38% of the people who save

=38% of 1,500

=38/100×1500

=38×15

=570

Therefore, the number of shareholders is 570.