Finding Increase or Decrease Percentage in Situations
It is observe...
Question
It is observed that the population of a city increase at the rate of 8% per annum. If the present population of the city is 125000, then the population of the city after 2 years will be
A
145000
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B
145800
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C
154000
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D
154800
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Solution
The correct option is C145800 The original population = Rs. 12500.
It increases at the rate =8%, time =2 yrs.
We know that,
Final population = (original population) (1+Rate100)time