Percentage

Quantitative Aptitude (MTS)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

The population of a city in the year 2020 was 2,00,000. The rate of growth of population is 8% per annum. Find the population

of that city in the year 2022.

This questions was previously asked in

SSC MTS 5th July 2022 Shift-1

2,29,484

2,33,280

2,21,785

2,12,890

- Calculate the population growth over two years with an 8% growth rate.

- Use the compound interest formula for population:

\( \text{Population after } n \text{ years} = P \times (1 + r)^n \).

Here, \( P = 200,000 \), \( r = 0.08 \), \( n = 2 \).

- First, find the population after the first year:

\( 200,000 \times 1.08 = 216,000 \).

- Next, find the population after the second year:

\( 216,000 \times 1.08 = 233,280 \).

- Therefore, the correct option is Option 2: 2,33,280.