two years ago the population of a town was 10000 during first year it incresed at the rate of 5% per nannum and during the second year it increased at the rate of 6% per annum what is its present population
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Given :
Population of town (2 years ago) : 10000
Rate of incresion in first year : 5%
Rate of incresion in second year : 6%
To find :
The present population of the town.
Solution :
First, we'll find the population of the town one year ago.
Population of the town (1 year ago) :
Now, we can find the present population of the town.
Present population of the town :
Hence, the present population of the town is 12075.
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