the population of a town is increased by 10% find the overall percentage increased or decreased
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Dear mates here ofcourse it will increase
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We can directly go for the compound interest and depreciation formula.
Initially, the population of the town is P = 100000
For the next two years, the population increased by 10% each year.
The population after 2 years, P' = P(1+10100)2 =100000(1110)2 =121000
In the next two years, the population decreased by 1o% each year from P' to P''.
P'' =P(1−10100)2 =121000(910)2 =98010
Therefore, the population of the town after 4 years is 98,010.
I hope it helps!
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