Three years ago, the population of a town was 50000. If the annual increase during three successive years be at the rate of 4%, 5% and 3% respectively, find the present population.
Given,
Population of town 3 years ago was = 50000
Annual increasing in 3 years = 4% ,5%, 3% respectively
Let present population = X
So,
= ![]()
=
X
=
56238
Hence,
Present population of town = 56238
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