Percentage

Quantitative Aptitude (MTS)

Title

45:30

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8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

The population ofa town is increasing at the rate of 10% per year. If the present population of the town is 1,00,000, what will its

population be 2 years from now?

This questions was previously asked in

SSC MTS 8th July 2022 Shift-3

3,00,000

1,21,000

2,10,000

1,20,000

- The town's population is growing at 10% per year.

- Currently, the population is 1,00,000.

- To find the population after 2 years, we use the formula: Future Population = Present Population × (1 + Growth Rate)^Number of Years.

- Calculation:

- After 1 year: 1,00,000 × 1.10 = 1,10,000

- After 2 years: 1,10,000 × 1.10 = 1,21,000

- Option 1: 3,00,000 - This is too high for a 10% growth over 2 years.

- Option 2: 1,21,000 - This is the correct population after 2 years.

- Option 3: 2,10,000 - Also too high.

- Option 4: 1,20,000 - Slightly less than the correct calculation.