SSC CPO SI and ASI 2014 Paper

Question : 121 of 200

Marks: +1, -0

The population of a town increases each year by 4% of its total at the beginning of the year. If the population on 1st January 2001 was 500000, what will it be on 1st January, 2004?

562432
652432
465223
564232

Validate

Solution:

(1) Given, Principal, P = 500000 and time period, T = 3years. So, the population on 1st January 2004

= {A}= {P} (1+ { {r}}/{100} )^{ {T}}

=500000 (1+\ {4}/{100}\ )^{3}=562432

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