The population of a state is counted after every three years. It is found that the population each time is increased by 20% as compared to the previous count. If the population in the year 1998 was 42 lakhs, what will be the population in the year 2007 ?

The population of a state is counted after every three years. It is found that the population each time is increased by 20% as compared to the previous count. If the population in the year 1998 was 42 lakhs, what will be the population in the year 2007 ?
1). 60.48 lakhs
2). 72.576 lakhs
3). 62.576 lakhs
4). 70.48 lakhs

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