Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Compound Interest

Question:

A district has 10,24,000 inhabitants. If the population increases at the rate 2.5% per annum, find the number of inhabitants at the end of three years.

Options:

11,20,736

11,02,736

10,75,840

10,64,850

Correct Answer:

11,02,736

Explanation:

Total population = 102400

Population increase = 2.5% per annam

So it become  ,  100%  to 112.5% in every year 

ATQ

    102400×\(\frac{112.5}{100}\frac{112.5}{100}\frac{112.5}{100}\)

    = 1102736 Answer