Mathematics for FinancePYQ May 19Question 1285 of 479
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The population of a town increases every year by 2%\displaystyle 2\% of the population beginning of that year. The number of years by which the total increase of population be 40%\displaystyle 40\% is

Options

A7\displaystyle 7 years
B10\displaystyle 10 years
C17\displaystyle 17 years (apx.)
DNone of these
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Correct Answer

Option c17\displaystyle 17 years (apx.)

All Options:

  • A7\displaystyle 7 years
  • B10\displaystyle 10 years
  • C17\displaystyle 17 years (apx.)
  • DNone of these

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