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GATE 2021 PI – Question 1

General Aptitude · Quantitative Aptitude: Data Interpretation, Arithmetic and Number Computation · 1 mark · Multiple choice

A city currently has population 1102500, increasing at 5% per annum. What was its population two years ago?

  1. 992500
  2. 995006
  3. 1000000
  4. 1251506

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Correct answer: (C) 1000000

Explanation

If population two years ago was P, then P×1.05² = 1102500. Therefore P = 1102500/1.1025 = **1000000, C**.

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