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Question

The population of a town is 1,76,000. If it incerease at the rate of 5% per annum, what will be it's population 2 years hence.

A
1,94,000
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B
1,94,040
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C
1,90,440
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D
1,94,104
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Solution

The correct option is D 1,94,040
Present Population =176000

Population after 1 Year =176000+5100×176000=184800
Similarly,
Population after 2 Year =184800+5100×184800=194040

Therefore, answer is 1,94,040.

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