Q. The population of a village increases by 12% every year. The approximate percentage increase after two years is:
β
Correct Answer: (B)
25.44%
Explanation: Overall increase = 12 + 12 + (12 × 12)/100 = 25.44%.
Explanation by: Mr. Dubey
Overall increase = 12 + 12 + (12 × 12)/100 = 25.44%.