A town’s population was 50,000 in 2020. If it grows by 8% annually, what will be the population in 2021?

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A town’s population was 50,000 in 2020. If it grows by 8% annually, what will be the population in 2021? Answer: 54000

Population in 2020 = 50,000 Growth rate = 8% Increase = 8% of 50,000 = 0.08 × 50,000 = 4,000 Population in 2021 = 50,000 + 4,000 = 54,000

Question context

This question is part of 📏 Arithmetic Aptitude within the broader 🧠 Aptitude Mastery subject and appears in the ASF Airports Security Force preparation collection. Reviewing the answer together with nearby questions helps reinforce the underlying concept and identify how it may appear in competitive exams.