Question

find the population of a city after 2 years which is at present 20 lakh
if the rate of increase is 5%

Answer 1

if the rate is 5% per annum then the population will be 22 lakhs
if the rate is 5% for two year then the population is 21 lakhs
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Answer 2

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The initial population is 2 lakh, and it increases by 2% per annum.

So, the final population will be:

2 lakh+8% of 2 lakh

8/100*200000=16000

So the population of the town after 4 years will be:2 lakh+16000=216000 people

P. S:If the increase in the population is compounded, then the answer will have decimals as well, which is not possible for people, unless you cut them….

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