Percentage

Quantitative Aptitude ( CCS)

Title

45:30

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Indian Economy - Understanding the basics of Indian economic system

The population in a small town increases from 20000 to 21250 in one year. Find the percentage increase in population.

5.50%

6.25%

7.50%

Population in a small town last year = 20000

Population in a small town after one year = 21250

Increase in population = 21250 - 20000 = 1250

Therefore, percentage increase in population = Increase in population/Last year population × 100 %

= 1250/20000 × 100 %

= 125000/20000 % = 25/4 %

= 6.25%

Thus, the increase in population is 6.25%

Hence, option 2 is the correct answer.