A city has a population of 50,000. The city’s population is shrinking by 20 percent each year. So what will be the population of that city after 2 years?
1. 32,000
2. 35,000
3. 40,000
4. 30,000
1. 32,000
2. 35,000
3. 40,000
4. 30,000
Correct Answer – Option 1 : 32,000
Given:
The population of the city is 50,000
Calculation:
Let be assume population after 2 year is p
⇒ p = (50000) × (4/5) × (4/5)
⇒ p = 32000
∴ The required result will be 32,000.