Exams › IBPS PO › Quantitative Aptitude

The population of a village increased by 15% from 1995 to 1996 and by 10% from 1996 to 1997. If the population of the village was 400 in 1995, what was its population in 1997?

1. 236
2. 406
3. 506
4. 526

Correct answer: 506

Solution

The population after a 15% increase becomes 400 × 1.15 = 460 in 1996. Increasing 460 by 10% gives 460 × 1.10 = 506.

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