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.

Question

Philoid · Accepted Answer

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