The population of a town increases at the rate of 3% annually. The population is currently 2,500.
What will be the population of the town at the same time next year?
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Answer:
Current population = 2500
Increase rate = 3%
So, 3% of 2500 = 3/100 × 2500 = 75
So, the population next year
= 2500 + 75
= 2575
Hence, the population of the town at the same time next year will be 2575.
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