Question

The population of a town is 176000. If it increases at the rate of 5% per annum what will be it's population 2 year hence?

Answer 1

population=176000
if rate increases 5% per annum
then,
after 1 year population
=176000+176000*5/100
=176000+8800
=184800
then,
after next 1year population
=184800+184800*5/100
=184800+9240
=194040