TEAS Math Questions Related

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If the population of a city increases by 5% annually, what will the population be next year if the current population is 1,000?

  • A. 1,050 people
  • B. 1,200 people
  • C. 1,100 people
  • D. 1,300 people
Correct Answer: A

Rationale: To calculate the population increase, multiply the current population by 1 plus the percentage increase. So, 1,000 * 1.05 = 1,050 people. Therefore, the correct answer is A. Choice B (1,200 people) is incorrect because it represents a 20% increase from the current population, not 5%. Choice C (1,100 people) is incorrect as it reflects a 10% increase, not a 5% increase. Choice D (1,300 people) is incorrect, showing a 30% increase, which is not the scenario given.