find the population of the city after 2years which is at present 10 lakhs if the rate of increase is 5%per year.
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Since population increases by 5% per year So ,
The increase in population after a year = 5 / 100 × 1000000 = 50000
Population after a year = 1000000 + 50000 = 1,050,000.
Increase in population after 2 years = 5 / 100 × 1050000 = 52500
Population after 2 years = 1050000 + 52500 = 1,102,500.
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