Question

If the population of a town increases 5% per year . and the present population is 514700 then what would be the population in next year?

Answer 1

Answer: Old population = 514700

∴New population = (5% of 514700) + 514700

⇒ (5 x 514700 / 100) + 514700

⇒ (5 x 5147) + 514700

⇒ 514700 + 25735

⇒ 540435