Compound Interest - Quantitative Aptitude (MCQ) questions for Q. 28478

Q.  A town has population of 50,000 in 1988. In one year i.e. by 1989 it increased by 25%. Next year i.e. in 1990, it decreased by 30%. The next year in 1991 there was an increase of 40%. What is the population at end of 1991?
- Published on 15 Mar 17

a. 60250
b. 62250
c. 66550
d. 61250

ANSWER: 61250
 
compound interest

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