Question

The population of a town increases by $5\%$ every year. If the present population is $5,40,000$ find the population after 2 years.

• A. 5,95,350
• B. 5,94,000
• C. 5,95,000
• D. 5,94,350

Answer 1

The correct option is A 5,95,350

Population after 1 year = 5,40,000 + 5% of 5,40,000 = 5,67,000

Population after 2 years = 5,67,000 + 5% of 5,67,000 = 5,95,350