The population of village was 15000 due to migration of people to cities it reduced by 5% in the first year and 8% in second year. find population after 2 years.
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14805 may be the right answer correct me if i me wrong
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Initial population of village =P= 15000
due to migration of people to cities it reduced by 5% in the first year so i = 5% n=1
=p(1-i)^n
=15000(1 -5/100)^1
=15000(1 - 0.05)^1
=15000(0.95)
=14250 at the end of first year..This is will be P for the second year..So P= 14250
due to migration of people to cities it reduced by 8% in second year.
=p(1-i)^n
=14250(1 -8/100)^1
=14250(1 - 0.08)^1
=14250(0.92)
=13110 at the end of second year
due to migration of people to cities it reduced by 5% in the first year so i = 5% n=1
=p(1-i)^n
=15000(1 -5/100)^1
=15000(1 - 0.05)^1
=15000(0.95)
=14250 at the end of first year..This is will be P for the second year..So P= 14250
due to migration of people to cities it reduced by 8% in second year.
=p(1-i)^n
=14250(1 -8/100)^1
=14250(1 - 0.08)^1
=14250(0.92)
=13110 at the end of second year
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