9. The population of a town increased at the rate of 5% per year consecutively for 2 years. Then, due to an epidemic in the third year the population decreased at the rate of 1.5% for the next 3 years. What is
the current population of that town, if it was 23,45,000, 5 years ago?
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Here is your Answer my Friend
rate of interest =5% increase
time 2years
rate of interest = 1.5% decrease
time 3years
present population = 2345000×(1+5/100) (1+5/100)
=2585362(1-1.5/100)³
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