the population of a town increases at the rate of 50 per thousand if the estimated population after 2 year will be 22050 find the present population of the town
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Step-by-step explanation:
Given
the population of a town increases at the rate of 50 per thousand if the estimated population after 2 year will be 22050 find the present population of the town
Let the present population be P
Rate of increase r = 50 / 1000 x 100 = 5 % per annum.
So n = 2 years
Population after 2 years will be A = 22050
Now A = P(1 + r/100)^n
22050 = P (1 + 5/100)^2
22050 = P(105 / 100)^2
= P(21 / 20)^2
22050 = P(1.1025)
So P = 22050 / 1.1025
So P = 20000
So present population will be 20,000
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