If the annual increase in population of a town be 5% and present population be 22050,what was the population 2 years ago
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(a) A= p(1+r/100)t
44100=p(1+5/100)2
44100=p(105/100)2
44100=p*105/100*105/100
44100*100*100=p*105*105
p=(44100*100*100)/105*105
p=40000
Then, population of a town 2 years ago is 40000.
Population after 1 year,
A=p(1+r/100)t
A=44100(1+5/100)1
A=44100*105/100
A=46,305
So, the population after 1 year is 46,305.
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