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The Population of a Town Decreased by 12% During 1998 and Then Increased by 8% During 1999. Find the Population of the Town, at the Beginning of 1998, If at the End of 1999

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Question

The population of a town decreased by 12% during 1998 and then increased by 8% during 1999. Find the population of the town, at the beginning of 1998, if at the end of 1999 its population was 2,85,120.

Sum
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Solution

Let the population in the beginning of 1998 = P
The population at the end of 1999 = 2,85,120(A)
r1 = - 12% and r2 = + 8%

∴ A = P`( 1 - r_1/100 )( 1 + r_2/100 )`

⇒ 2,85,120 = P`( 1 - 12/100 )( 1 + 8/100 )`

⇒ 2,85,120 = P`( 22/25 )( 27/25 )`

⇒ P = `[ 2,85,120 xx 25 xx 25 ]/[ 22 xx 27 ]` = 3,00,000. 

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Concept of Compound Interest - When the Time is Not an Exact Number of Years and the Interest is Compounded Yearly
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Chapter 3: Compound Interest (Stage 2) [Applications] - Exercise 3 (D) [Page 53]

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Selina Concise Mathematics [English] Class 9 ICSE
Chapter 3 Compound Interest (Stage 2) [Applications]
Exercise 3 (D) | Q 4 | Page 53
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