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Question

The population of a city was 1,00,000. Find the growth % if the population of the same city becomes 1,33,100 after 3 years.


A
10%
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B
15%
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C
20%
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D
30%
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Solution

The correct option is A 10%
Present population of city (Po) = 1,00,000
Popoution of city after 3 years (P) = 1,33,100
Lets say growth rate be x% .
Using formula,
Pn = Po (1+Growth100)3
1,33,100=1,00,000 (1+x100)3
1,331=1,000 (1+x100)3
1,3311,000 = (1+x100)3
(1110)3 = (1+x100)3
(1+110)3 = (1+x100)3
Now, we can compare, 110 and x100
Thus, 110 = x100
So, x = 10%

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