the population of students in school increased to 540000 In year 2003 at the rate of 5percent per annum find the population in the 2001
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Given that population in 2003 = 54000. Population of a place increased at the rate of 5%per annum. Population in 2002 at the rate of 5%per annum = 54000 x ( 5 / 100) = 2700 = 54000 - 2700 = 51300. Population in 2001 at the rate of 5%per annum = 51300 x ( 5 / 100) = 2565.
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