Arithmeticmedium · Past Paper
The population of a town increases by 5% annually. If the current population is 40000, what will it be after 2 years?
A44000
B44100
C42000
D45000
✓ Correct Answer: B — 44100
P = 40000(1 + 0.05)^2 = 40000(1.1025) = 44100.
Share this question
More from Arithmetic
- The difference between compound interest and simple interest on a sum for 3 years at 10% per annum is Rs 31. Find the sum.
- A machine is purchased for Rs. 2,000 and sold for Rs. 1,600. Loss percentage is:
- A sum of money is divided into parts $x, y, z$ in ratio $2:3:5$. If $z$ is Rs 300 more than $x$, find $y$.
- In how many years will Rs. 1600 amount to Rs. 1852.20 at 5% p.a. CI?
- Find the simple interest on Rs 2500 at 6% for 4 years.