The population of Hyderabad was 68,09,000 in the year 2011. If it increases at the rate of
4.7% per annum. What will be the population at the end of the year 2015
000 is invested for 1 year and 3 months
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Answer:
Given
The population of Hyderabad was 6809000 in the year 2011.
It increases by 4.7% per annum.
we need to calculate population after 4 years with given rate of interest.
We will use the compounding formula
Z=A+(1+
100
r
)
t
where Z is population at the end of duration
A is present population
t is tme perior
r is rate of interest
we know that 4.7% =0.047
putting the values
Z=6809000+(1+
100
4.7
)
4
Z=6809000(1.047)
4
Z=6809000×1.2016741717
Z=8182199
Thus population at the end of 2015 will be 8182199
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