Percentages · Question 9 · Medium

The population of a town is 1,25,000. If it increases by 4% every year, what will it be after 2 years?

  1. 1,35,000
  2. 1,30,000
  3. 1,35,200
  4. 1,35,400
Answer and explanation

Answer: C. 1,35,200

Explanation: Population = 1,25,000 × 1.04 × 1.04 = 1,30,000 × 1.04 = 1,35,200.

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