Arithmeticmedium · Past Paper

The population of a town is 20,000. If it increases by 5% every year, what will it be after 2 years?

A22,000
B22,050
C21,000
D25,000

✓ Correct Answer: B22,050

Pt = 20000(1.05)^2 = 20000 * 1.1025 = 22050.

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