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    Question

    Each year, the population of a village rises by 8%. If

    after 2 years the population will reach 34,992, what is the population now?
    A 20,000 Correct Answer Incorrect Answer
    B 60,000 Correct Answer Incorrect Answer
    C 30,000 Correct Answer Incorrect Answer
    D 25,000 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Let, the current population be ‘x’.

    ATQ,

    Population after 2 years = 1.08 × 1.08 × x = 34992

    Or, x = 34992 × (1/1.08) × (1/1.08)

    So, x = 30,000

    Therefore, current population = x = 30,000

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