the population of the town increased at rate of 5 %per year consecutively for 3l2 years . then due to epidemic in the third year decreased at the rate of 1.5% for next 3 years what is the current population of that town if it was 23,45,000, 5 years ago
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here is your answer..
rate of interest=5%(increase)
time=2years
rate of interest=1.5%(decrease)
time=3years
present population=2345000*(1+5/100)(1+5/100)
(1-1.5/100)(1.1.5/100)(1-1.5/100)..
If you simply this equation,you'll get the answer..
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