NABTEB Mathematics 2024 Objective — Question 9

Question 9 of 50 from the National Business and Technical Examinations Board (NABTEB) Mathematics 2024 Objective paper, with the correct answer and a full explanation.

The population of a town increases by 3% every year. In the year 2000, the population was 3,000. Find the population in the year 2003.

A. A. 3,182
B. B. 3,278Correct
C. C. 6,591
D. D. 7,515

Explanation

Population 2000=3000. 2001=3000+3%of3000=3090. 2002=3090+3%of3090=3182.7. 2003=3182.7+3%of3182.7≈3278.

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