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The population of a town is 8000. It increases by 10% during first year and by 20% during the second year. The population after 2 years will be?

10400
10560
10620
None of these

Correct Answer: 10560

Explanation:

Population after 2 years
=8000(1 + 10/100) (1 + 20/100)
= (8000 x 11/10 x 6/5) = 10560

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