Question

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

• A. 5202
• B. 5200
• C. 5300
• D. 5108

Answer 1

Answer:

A. 5202

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