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The population of a town is 18000. It increases by 10% during the first year and by 20% during the second year. The population after 2 years will be
1. 19800
2. 21600
3. 23760
4. None of these

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Correct Answer - Option 3 : 23760

The population of the town = 18000

Population of the town after 2 years = 18000 × (110/100) × (120/100) = 23760.

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