Population of our country is growing at rate of 1% per annum. If our population is 135,00,00,000 at present (2021), then what would be our population in 2024?
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Let the population be principle amount i.e 135,00,00,000
no. of 3
Rate of interest is 1%
Now I = PRN /100
i.e I = 135,00,00,000 × 1 × 3/ 100
i.e. I = 135,00,00,0× 3
i.e. I = 40500000
Therefore population after 3 year is 135,00,00,000 + 40500000 = 1390500000
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