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The population of village is 1,00,000. The rate of increase is 10% per annum. Find the population at the start of the third year?

a) 1,33,100
b) 1,21,000
c) 1,18,800
d) 1,20,000

Answer: b
Explanation: 100000 == 10%↑(1st year) ==> 110000 == 10%↑(2nd year) ==> 121000
Population at starting of 3rd year = 121000

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