The population of a town is increasing at the rate of 5% per annum what will be the population of the town on this basis after two years ,if the present population is 16000?
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Step-by-step explanation:
∵ The population of a town is increasing at the rate of 5% per year
∴ after 2 years :The population is increased by rate of (5% x 2) = 10%
∵ 10% of 16000 = 16000x = 1600
∴ after 2 years : population = 16000 + 10%
∴ after 2 years : population = 16000 + 1600
∴ after 2 years : population = 17600
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