The population of a city increases at the rate of $5 \%$ per annum. If the present population of the city is $3,70,440$,its population $3$ years ago was:

  • A
    $3,00,000$
  • B
    $2,80,000$
  • C
    $3,20,000$
  • D
    $3,60,000$

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