Wipro Company Numerical Ability Simple & Compound Interest

The population of a town increases by 15% annualy. If its population was 8000 in 1995, what will it be in 1997 ?

a. 9200
b. 10400
c. 9600
d. 10580

Read Solution (Total 2)

in 1996 the population is 8000+(8000*15)/100=9200
in 1997 the population will be 9200+(9200*15)/100=10580
10580 is answer
11 years agoHelpfull: Yes(1) No(0)

115*8000/100=9200
115*9200/100=10580
hence answer is d. 10580
11 years agoHelpfull: Yes(0) No(0)

Wipro Other Question

Prices register an increase of 10% on food grains and 15% on other items of expenditure. If the ratio of an employee's expenditure on food grains and other items be 2 : 5, by how much should his salary be increased in order that he may maintain the same level of consumption as before, his present salary being Rs. 2590 ?

a. Rs. 323.75
b. Rs. 350
c. Rs. 360.50
d. None The population of a town is 18000. It increases by 10% during first year and by 20% during the second year. The population after 2 years will be :

a. 19800
b. 21600
c. 23760
d. None