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Question

Population of a town increases at a certain rate per cent per annum. Present population of the town is 3600 and in 5 years’ time it becomes 4800. How much will it be in 10 years time ?

A
5000
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B
6000
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C
6400
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D
7000
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Solution

The correct option is C 6400
Let rate of increase in population =r% p.a
Then 4800=3600(1+r100)5
(1+r100)5=48003600=43

Population in the next 5 years will become
4800(1+r100)5
4800×43=6400

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