If the population of a city is 1 million and it grows at a rate of 2% per year, what will be the population after one year? (2023)

Practice Questions

1 question
Q1
If the population of a city is 1 million and it grows at a rate of 2% per year, what will be the population after one year? (2023)
  1. 1.02 million
  2. 1.05 million
  3. 1.1 million
  4. 1.1 million

Questions & Step-by-step Solutions

1 item
Q
Q: If the population of a city is 1 million and it grows at a rate of 2% per year, what will be the population after one year? (2023)
Solution: Population after one year = Current Population * (1 + Growth Rate) = 1 million * (1 + 0.02) = 1 million * 1.02 = 1.02 million.
Steps: 5

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