24000 blood donors were registered with a charitable hospital. The number of donors
increased at the rate of 5% every six month. Find the time period at the end of which the
total number of blood donors becomes 27783.
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Initial number of blood donors = 24,000
Final number of blood donors = 27,783
Increase = 27,783-24,000 = 3,783
Rate of increase = 5% every 6 months = 5% of 24000 = 1,200
3783 / 1200 = 3.15
3.15 × 6 = 18.9
Hence, 18.9 months is the correct answer.
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