The population of a town increases 5% annually. If its present population is 84,000, what will be its population in 2 years time?

Question

Question

This question was previously asked in

UGC NET Paper 1: Held on 22th July 2022 Shift 1

Answer 1

Given:

The population of a town increases 5% annually.'

If its present population is 84,000, what will be its population in 2 years time

Calculation:

If the population of the town increases by 5% annually,

the population after one year will be

⇒ 84,000 + (84,000 × 5%) = 84,000 + 4200 = 88,200

And after two years, the population will be

⇒ 88,200 + (88,200 × 5%) = 88,200 + 4410 = 92,610

So, in two years time, the population of the town will be 92,610.