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Explanation:

Population at the end of 2021 = 1,00,000 × (1 - x/100)
Population at the end of 2022 = 1,00,000 × (1 - y/100) × (1 + x/100)   ...(1)

∴ Overall % change = -y + x + (-y × x)/100   [using formula = a + b + ab/100]

Since population in 2022 is greater than that in 2020
⇒ x > y.
∴ x = y + 10

Hence, the population decreases by y% and then increases by (y + 10)%
∴ Overall % change = -y + (y + 10) + (-y × (y + 10))/100 = 10 - y(y + 10)/100   [using formula = a + b + ab/100]

Overall change should be positive
∴ Overall % change = 10 - y(y + 10)/100 > 0
⇒ y(y + 10) < 1000

Higheset value of y satisfying the above inequality is 27.

∴ The population will decrease by a maximum of 27%.
⇒ Least population in 2021 = 1,00,000 × (1 - 27%) = 73,000.

Hence, option (a).

Concept: Successive Percentage Change Formula

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