Allied & ICAR Exam Bank • ALLIED_1438 MCQ • 1 Mark

Section 8: General Aptitude

Quantitative Aptitude

Subtopic: Ratios & Percentages

Question Statement:

The population of a town increases by 5% annually. If its present population is 80,000, what will be its population after 2 years?

Options:

  • (A) 88,200
  • (B) 88,000
  • (C) 86,400
  • (D) 89,100

Answer Key:

A

Step-by-Step Solution & Explanation

Population $= 80000 \times (1.05)^2 = 80000 \times 1.1025 = 88200$.
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