The present population of a town is 240. Population increase rate is 10% p.a. Find the population of town after 1 years?	Select the correct option: A) 100 B) 120 C) 200 D) 220 E) 264
P = 240   R = 10%   Required population of town = P*(1 + R/100)^T   = 240*(1 + 10/100)   = 240*(11/10)= 
<gadget id="calculator">240*(11/10)</gadget>
<output>264</output>
264   Answer is 264
<result>E</result>
The present population of a town is 240. Population increase rate is 10% p.a. Find the population of town after 1 years?