Placement Percentage Problem 1

Placement Percentage Problem 1

The population of a city increases at the rate of 4% per annum. There is an additional annual increase of 1% in the population due to the influx of job seekers. Therefore, the per cent increase in the population after 2 years will be

  1. 10

  2. 10.25

  3. 10.50

  4. 10.75