The population of a town is 50,000. It grows by 10% every year. What will it be after 2 years?
A. 60,500
B. 60,000
C. 61,000
D. 60,050
A. 60,500
B. 60,000
C. 61,000
D. 60,050
Best answer
Answer: A. 60,500
Answer: (A) 60,500
Shortcut: 10% twice = 21% net (10 + 10 + 1). 21% of 50,000 = 10,500, so population = 60,500.
Plain: 50,000 × 1.1 × 1.1 = 60,500.
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