Question

the population of town was 62500 2 years ago. It increased every year at rate of 4 percent per and find its present population
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.plz answer I have to check my ans

Answer 1

Population two years before 62500
Every yera population increases by 4 %

So population one year before
= 4/100*62500+62500
=62500/25 + 62500
=2500+62500
65000

Present population =?
=4/100*65000+65000
=65000/25+65000
=2600+65000
=67200

So present population is 67200
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