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      Question

      The population of a town is 50,000. It increases by 8%

      in the first year and then decreases by 5% in the next year. What is the population at the end of two years?
      A 50300 Correct Answer Incorrect Answer
      B 51300 Correct Answer Incorrect Answer
      C 61300 Correct Answer Incorrect Answer
      D 51205 Correct Answer Incorrect Answer

      Solution

      ATQ, After 8% increase: Population = 50000 Γ— (1 + 8/100) = 50000 Γ— 1.08 = 54000 After 5% decrease: Population = 54000 Γ— (1 βˆ’ 5/100) = 54000 Γ— 0.95 = 51300

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