Answer:
The percentage of overdue accounts are held by customers in the "risky credit" category is 62.5%
Step-by-step explanation:
Customers in the "risky" category (25% of total accounts) allow their accounts to go overdue 50% of the time on average.
That means that on average, 12.5% of total accounts is overdue.
0.25*0.50 = 0.125
In the "good credit" category only 10% goes overdue. That means 7,5% of total accounts goes overdue in this category.
0.75*0.10=0.075
The total accounts that go overdue is 0.125+0.075 = 0.200.
The percentage of overdue accounts held by customers in the "risky credit" category is:
0.125/0.200 = 0.625 or 62.5%
Step-by-step explanation:
v=4÷4
v=1 Ans
Do by transposition
hope it helps
Face or base if you are looking for a word
Yes, it is fairly reasonable... if you round it..
however, if you want exact calculations, then it might not be so reasonable, because it will go over the total amount
so if you round it, then yes it is fairly reasonable
3 multiplied by 20 is 60
Multiply this by 10 and you get 600
1 Multiplied by 30 is 30
Find the total of the two answers (Which is 630) this is your answers
