1. The present population of a town is 5,50,000.
There is an annual increase of 4% in the
population. What will be the population after 3
years
Answers
Let's do it step-by-step:
1- Present population of a town =5,50,000
Rate of Increase = 4%
Time=3yrs
2- Now,
A = P{1+R/100}⁴
A=5,50,000{1+4/100}⁴
A= 5,50,000{1+1/25}⁴
A = 5,50,000{(25+1)/25}⁴
A = 5,50,000{26/25}⁴
A = 5,50,000×[26/25×26/25×26/25×26/25]
A = 5,50,000×456,976/390,625
A=5,50,000×1.16
A=638000
•°• THE POPULATION WILL BE 638000 AFTER 3 YRS
The population of town after three years will be 6,18,675.2.
Step-by-step explanation:
Given :-
- Present population of the town = 5,50,000
- Increase percentage of population in the town = 4% annually
To Find :-
- Population of the town after 3 years.
Solution :-
Population of the town after 1 year = Initial Population (Initial Population × Increase %)
Population of the town after 2 years = Population after 1 year (Population after 1 year × Increase %)
Population of the town after 3 years = Population after 2 years (Population after 2 years × Increase %)
Hence,
- The population of the town after 3 years will be 6,18,675.2.