The population of a town is 196000. It increases by 7% in the 1st year and decreases by 5% in the 2nd year. What is the population of the town at the end of 2 years? What is the population of the town at the end of 2 years?
Answer with explanationAnswer: Option D
Initial population is 196000
Increases by 7% => New population = (107/100) x 196000
Population after 1 year = 209720
Population decreases by 5%,
New population = (95/100) x 209720 = 199234
Population after 2 years will be 199234