The population of a town increases by 20%, in the first year, decreases by 10% in the second year, and again increases by 25% in the third year. If the population at the beginning was 40,000, what will it be after 3 years?
A.54,000✓ Correct
B.24,000
C.48,000
D.43,200
Explanation
After year 1: 40000×1.2 = 48000. After year 2: 48000×0.9 = 43200. After year 3: 43200×1.25 = 54000.
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