Question

The population of a place increased to 54,000 in 2003 at a rate of 5% per annum

(ID) what would be its population in 2005?​

Answer 1

Step-by-step explanation:

Let P be the population in 2001, i.e., 2 years ago

Then, PresentPopulation=P×(1+

100

5

)

2

⇒54000=P×

100

105

×

100

105

⇒P=

105×105

54000×100×100

=48979.59

Hence, the Population in the year 2001 is 48980.