The population of a village is 5000 and it increases at the rate of 2% every year. After 2 years, the population will be:
A. 5116
B. 5202
C. 5200
D. 5204
Answer: Option B
Solution(By Examveda Team)
$$\eqalign{ & {\text{Population after two years}}, \cr & = 5000 \times {\left[ {1 + {\frac{2}{{100}}} } \right]^2} \cr & = 5202 \cr & {\text{Alternatively}}, \cr & 5000 = = 2\% \uparrow \Rightarrow 5100 = = 2\% \uparrow \Rightarrow 5202 \cr} $$Related Questions on Percentage
A. $$\frac{1}{4}$$
B. $$\frac{1}{3}$$
C. $$\frac{1}{2}$$
D. $$\frac{2}{3}$$
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