Question
The population of a town is 50,000. It increases by 8%
in the first year and then decreases by 5% in the next year. What is the population at the end of two years?Solution
ATQ, After 8% increase: Population = 50000 Γ (1 + 8/100) = 50000 Γ 1.08 = 54000 After 5% decrease: Population = 54000 Γ (1 β 5/100) = 54000 Γ 0.95 = 51300
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