The population of a town increases by 2% of the population at the beginning of the year. The number of years by which the total increases in…

CA Foundation · Quantitative Aptitude · MTP · September 2024
The population of a town increases by 2% of the population at the beginning of the year. The number of years by which the total increases in population would be 40% is:
(A) A. 7 years
(B) B. 10 years
(C) C. 17 years
(D) D. 19 years

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. 17 years

Topics: Part-A: Business Mathematics

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