Question

    The population of a city in the year 2020 was 2,00,000.

    The rate of growth of population is 8% per annum. Find the population of that city in the year 2022.
    A 2,33,280 Correct Answer Incorrect Answer
    B 2,29,484 Correct Answer Incorrect Answer
    C 2,21,785 Correct Answer Incorrect Answer
    D 2,12,890 Correct Answer Incorrect Answer

    Solution

    The population of a city in the year 2020 was 2,00,000. The rate of growth of population is 8% per annum. Population of that city in the year 2022 = 2,00,000 of (100+8)% of (100+8)% = 2,00,000 of 108% of 108% = 20x108x108 = 2,33,280

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