The present population of a town is 300. Population increase rate is 10% p.a. Find the population of town after 1 years?	Choose the correct choice from the following answers.
A) 100 B) 120 C) 200 D) 220 E) 330
P = 300   R = 10%   Required population of town = P*(1 + R/100)^T   = 300*(1 + 10/100)   = 300*(11/10)= 
<gadget id="calculator">300*(11/10)</gadget>
<output>330</output>
330   Answer is 330
<result>E</result>
The present population of a town is 300. Population increase rate is 10% p.a. Find the population of town after 1 years?