Civil Service Exam Reviewer · Percentage · hard

A town has a population of 6,000. If it grows by 10% each year, what will the population be after 2 years?

  1. 7,200
  2. 6,600
  3. 7,260
  4. 7,986

Answer

C. 7,260

Solution

6,000 × (1.10)² = 7,260. (Growth is compounded, not 20% simple.)

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