The population of a town increases at a rate of 40 per thousand. Its population after 2 years will be 6084 find its present population
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Dear Student,
◆ Answer -
Present population = 5625
● Explanation -
Let x be present population of the town.
Population after 2 years is given by -
P' = P (1 + r)^t
6084 = P (1 + 40/1000)^2
6084 = P (1 + 40/1000)^2
6084 = P (1 + 1/25)^2
6084 = P × (26/25)^2
P = 6084 × 625 / 676
P = 5625
Hence, present population of the town is 5625.
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