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The population of a place increased to 54000 in 2003 at a rate of 5% per annum find the population in 2001

The population of a place increased to 54000 in 2003 at a rate of 5% per annum 
find the population in 2001 

Grade:12

1 Answers

Anand Kumar Pandey
askIITians Faculty 5859 Points
2 months ago
Dear Student

It is given that, population in the year 2003 = 54,000
54000 = (Population in 2001)(1 + 5/100 )^2
54000 = (Population in 2001)( 105/100 )^2
= 54000( 105/100 x 105/100 )
= 48979.59
∴ The population in the year 2001 was approximately 48,980.

​Thanks

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