There is a continuous growth in population of a village at the rate of 5% per annum. If its present population is 9261, what it was 3 years ago?

Given,


Present population of village = 9261


Continuous growth rate = 5%


Let 3 years ago population of village was = X


So,


=


=


= X = = 8000


Hence,


3 years ago population of village was = 8000


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