SSC CHSL 2024 PYQ — Question 60

SSC CHSL - 01 July 2024 - Shift 4 • Quantitative Aptitude • Q60

The population of the city was 5000000 in 2020. The population grows by 7.5% annually. The population in 2022 is ______.

Show answer & explanation

Correct answer: A

Explanation

The correct answer is option 1 i.e. 5778125.

Given:

The population of the city in 2020 = 5000000

Annual increase = 7.5%

Formula used:

Successive percentage change = x + x + (x2/100)

Calculations:

Hence, 7.5 + 7.5 + 56.25100\frac{56.25}{100} = 15.5625

The increase in population = 15.5625100\frac{15.5625}{100} × 5000000 = 778125 

Hence, the total population in 2022 = 5000000 + 778125 = 5778125