The population of a village increases by 5% annually. If its present population

Question

The population of a village increases by 5% annually. If its present population is 4410, then its population 2 years ago was

Options:

A . 4000

B . 4500

C . 3800

D . 3500

Answer: Option A
Answer: (a)
Using Rule 17,
If the population of village two years ago be $P_0$,
then P = $P_0(1 + R/100)^T$

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