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?  Choices:
A) 10.85%
B) 10.85%
C) 10.25%
D) 10.20%
E) 10.75%
100   5 ---- I   5   0.25 --- II   -----------   10.25%   Answer:10.25%
<result>C</result>
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?