The population of a city increases at the rate of 4% p.a. but there is an additional annual increase of 1% in the population due to some job seekers. The percentage increase in the population after 2 years is_________?
A. 10
B. 11
C. 10.25
D. 10.15
Explanation:
100
5 —- I
5
0.25 — II
———–
10.25%