The population of a town is 50,000. It rises by 10% in the first year and falls by 10% in the second year. What is the population after 2 years?
Correct answer D. 49,500
Explanation
Population = 50000 × 1.10 × 0.90 = 50000 × 0.99 = 49,500. A 10% rise followed by a 10% fall gives a net 1% decrease.
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