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Simple & Compound Interest
he population of a city increases @ 4% p.a. That is an additioanl
annual increase of 4% of the population due to this influx of job
seekers, the % increase in population after 2 years is
Read Solution (Total 2)
-
- Let population is p
after two years
population=1.08p in two years
(1.08p-p)/p *100
Hence percentage increase=8.16% - 11 years agoHelpfull: Yes(13) No(4)
- p= population
population after 2yrs= p[(1+.04)^2 +2(.04)] - p
= 1.1616p-p
= .1616= 16.16% increase
- 11 years agoHelpfull: Yes(10) No(5)
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