Question 984941
  
Given:
5000 students from state school applied for student loan, of which 76% are approved.
Out of the approved loans, 84% repay the loan in full.
 
Need:
How many students out of the 5000 are expected to repay in full?
 
Solution:
Number of applications   = 5000
Number of loans approved = 5000*0.76 = 3800
Number of loans repaied  = 3800*0.84 = 3192
 
Answer:
3192 loans out of 5000 will be repaid in full.