Friday, 25 March 2016

#32 Percentage Question

A district has 64000 inhabitants. If the population increases at the rate of 2 * 1/2 % per annum, then the number of inhabitants at the end of 3 years will be : 

A) 65380
B) 68921
C) 70987
D) 72345

Answer: B) 68921 

Explanation:

Population afer 3 years = 64000 * (1 +  5/(2 *100) )^3 = (64000 * 41/40 * 41/40 * 41/40 ) = 68921..

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