The population of a city increase by 30% every year. If the present population is 3,38,000 Then the population of city after 2 years
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Step-by-step explanation:
Present Population = 3,38,000
% increase every year = 30%
Population after 1st year = 3,38,000 * 130/100 = 4,39,400
Now this becomes the base for next year.
Population after 2nd year = 4,39,400 * 130/100 = 5,71,220
ALTERNATE:
Population at the end of 2 years = 3,38,000 * 130 * 130/100*100 = 5,71,200
[Even the formula to find 'Amount' in compound interest can be applied here. A = P [1 + R/100]^n... P=3,38,000; R=30% ; n=2 years]
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