2 years ago the population of a town was 10000 during 1st year it increased at the rate of 5 percent per annum and during second year it increased at the rate of 6 percent per annum what is its present population
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Given: Population 12 lakh R=4%
Population after 2 years.
=P(1+
100
R
)
N
=1200000(1+
100
4
)
2
=1200000(
25
26
)
2
=1200000×
25
26
×
25
26
=1200000×
625
676
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