Q14 of 48 Page 118

Find the population of a city after 2 years which is at present 12 lakh, if the rate of increase is 4%.

Present population (P) = 12 lakh

Rate of interest (R) = 4%


Time period (n) = 2years




= 1200000×1.042


= 1297920


∴ The population of a city after 2 years is 1297920


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