The population of the village was 12,000 two years ago. If it increased by 2.5% and 3%, respectively, in the last two years, then what is the present population of the village?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 12,669.
Given:
The population of the village was 12,000 two years ago
If it increased by 2.5% and 3%, respectively
Let the present population of the village be X
According to the question
⇒ X = 12000 × (100 + 2.5)/100 × (100 + 3)/100
⇒ X = 1.2 × 102.5 × 103
⇒ X = 12669