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    The population of a village in 2019 was 30,000. The increase in population rate was 15% and 25% respectively from the year 2019 to 2020 and 2020 to 20
    Question

    The population of a village in 2019 was 30,000. The increase in population rate was 15% and 25% respectively from the year 2019 to 2020 and 2020 to 2021. What was the population in the year 2021?

    A.

    42,000

    B.

    42,325

    C.

    42,523

    D.

    43,125

    Correct option is D

    Given:
    Population in 2019 = 30,000
    Increase rate from 2019 to 2020 = 15%
    Increase rate from 2020 to 2021 = 25%
    Formula Used:
    To find the population in 2021, we first find the population in 2020 using the 15% increase rate, and then use the 25% increase rate to find the population in 2021.
    Population after increase is given by:
    Population = Initial population × (1 + rate of increase)
    Solution:
    The population in 2020:
    Population in 2020 = 30,000 × (1 + 15/100) = 30,000 × 1.15 = 34,500
    The population in 2021:
    Population in 2021 = 34,500 × (1 + 25/100) = 34,500 × 1.25 = 43,125
    Thus, the population in 2021 is 43,125.

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