The population of a town is 20,000. It increases by 5% annually. What will be the population after 2 years? MCQ with Answer and Explanation

The population of a town is 20,000. It increases by 5% annually. What will be the population after 2 years?
A. 22050
B. 22000
C. 21000
D. 22100
Answer: Option A
Solution (By JKSSB Mock Tests)
Population = 20000 * (1.05)^2 = 20000 * 1.1025 = 22050.

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Practice More Percentage Questions

Question #1
Population 2,00,000. First year +8%, second year -5%. Population after 2 years:
A. 2,08,800
B. 2,05,200
C. 2,07,600
D. 2,06,400

Correct Answer: Option B


Explanation:
2,00,000 × 1.08 × 0.95 = 2,05,200.

This question belongs to: Maths Percentage
Question #2
A student multiplied a number by 2/3 instead of 3/2. What is the percentage error?
A. 66.66%
B. 50%
C. 55.55%
D. 44.44%

Correct Answer: Option C


Explanation:
True = 3/2x. False = 2/3x. Error = (3/2 - 2/3)x = (5/6)x. % Error = ((5/6) / (3/2)) * 100 = (10/18) * 100 = 55.55%.

This question belongs to: Maths Percentage
Question #3
Two numbers are 20% and 50% more than a third number. Their ratio is:
A. 4:5
B. 5:6
C. 5:4
D. 6:7

Correct Answer: Option A


Explanation:
Third = 100, first = 120, second = 150, ratio = 120:150 = 4:5.

This question belongs to: Maths Percentage