ASSERTION(A) and Reason ®.Read the statements and choose the correct option:
ASSERTION (A): Suppose the Literacy Rate in the state is 78% and Net
Attendance Ratio in the secondary stage is 47%.
REASON®: More than half of the students are going to other states for
elementary education.

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.