The population of a town is 8000. It increases by 10% during the first year and by 20% during the second year. What will be the population after two years?
Answer & explanation
Correct answer: option 1
10% = \(\frac{1}{10}\)
20% = \(\frac{1}{5}\)
New population = 8000 × \(\frac{11}{10}\) × \(\frac{6}{5}\) = 10560