1) Population of a city decreases by 3% of the initial at the beginning of every year. If the present population is 1,25,000. What will be the population after 2 years ? A) 1,17,600 B) 1,17,610 C) 1,17,000 D) 1,17,611 E) 1,17,613 Answer: Option EExplanation:A =P[(1−R100)n] =125000(1−3100)2 =125000×97100×97100 = 1,17,613