Question

population of town increases 4% annually. If it's population in 2007 is59,488.Then what was his population in 2005?

Answer 1

4% of 59488 = 4/100 × 59488 = 2,379.52
4% of 59488 in 2 years = 2379.52 × 2 = 4,759.04
population in 2005 = 59488 - 4759.04 = 54,728.96