Question

The current population of a town is 10,000. If the population increases by $10\%$ every year, then the population of the town after three years will be

• A. 13,310
• B. 13,500
• C. 14,000
• D. 14,500

Answer 1

The correct option is A 13,310

$A=P(1+\frac{R}{100}{)}^n$

$A=10000(1+0.1{)}^3=13310$