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prayag

· started a discussion

· 1 Months ago

SIR ,ye 1.1 kaise aaya?

Question:

The population of a village is 2000, if there is an increament of 10% in the first 2 years and 5% in the last three years then what will be the population after five years (approx.)?

Options:
A) 2500
B) 2800
C) 3000
D) 3200
Solution:
Ans: (b) Population= 2000×1.1×1.1×1.05×1.05×1.05\(\approx\)2800 (approx.)

Knowledge Expert

· commented

· 1 Months ago

Dear Student,
When we use formula of compund interest we take (1+r/100)
Therefore for 10 % it is ( 1+10/100) = 1.1

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