The current population of a village is 1000 and its population is increasing at the rate of 10% every year. What will be the population of the village after three years?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 I.e. 1331.
Population of the village after three years = 1000 × (110/100) × (110/100) × (110/100) = 1331