During the first year, the population of the town increased by 12%. The next year, due to some contagious disease, it decreased by 8%. At the end of the second year, the population was 64,400. Find the population of the town at the beginning of the first year.
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Correct answer: C
Explanation
The correct answer is option 3 i.e. 62,500.
Let's assume the initial population of the town = x
Now, according to the question
x × (112/100) × 92/100 = 64400
x = 62,500.
So, the initial population of the town = 62,500.