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The population of a city is 250000. It is increasing at the rate of 2% every year. The growth in the population after 2 yr is?

Correct Answer: 10100

Explanation:

Population after 2 yr
= P (1 + R/100)2
= 250000 (1 + 2/100)2
⇒ 250000 x (51/50) x (51/50) = 260100
∴ Growth = 260100 - 250000 = 10100


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