5. A town had a population of 500000 three years ago.
During the first year, second year and third year, the
population increased at the rates 5%, 6% and 8%
respectively. What is the present population of the
town ?
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Answer:
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Step-by-step explanation:
Population of town 3 years ago =50000
Annual percentage increase in 3 years =5%,4%,3%.resp.
∴ Present population =50,000(1+100A1)(1+100A2)(1+100A3)
=5000(1+1005)(1+1004)(1+1003)
=5000×100105×100104×100103
Present population =56238Rs
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