The population of a village is 5000 and it increases at the rate of 2% every year. After 2 years the population will be:

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The population of a village is 5000 and it increases at the rate of 2% every year. After 2 years the population will be:

A5202

B5200

C5300

D5108

Answer:

A. 5202

Read Explanation:

Present population = 5000, R = 2% and T = 2 years
Increased population(P) = present population(1 + R/100)T
⇒ P = 5000(1 + 2/100)2
⇒ P = (5000 × 102 × 102)/10000
⇒ P = 5202

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