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