Question 59
EasyOriginal questionThe population of a town is 40,000 and grows by 10% every year. What will the population be after 2 years?
Show the answer and explanation
CorrectNot quiteAnswer D
Correct answer: D
Explanation
After 1 year: .
After 2 years: .
Worth noting
48,000 adds 10% of 40,000 twice (simple growth); the second year's growth is on 44,000. 8,400 is only the increase.
- Concept
- Compound growth of a population over two years
- Typical timeTypical
- 40 s
- Your timeYours
- —
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