Mathematics for FinancePYQ Dec 23Question 1256 of 422
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The population of a city increases at the rate of $5\%$ every year. What will be the population of the city in the year $2023$, if its population in $2021$ was $1,00,000$?

Options

A$1,05,000$
B$1,10,250$
C$1,15,240$
D$1,20,550$
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Correct Answer

Option d$1,20,550$

All Options:

  • A$1,05,000$
  • B$1,10,250$
  • C$1,15,240$
  • D$1,20,550$

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