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The Population of a Village Increases at the Rate of 50 per Thousand. Its Population After 2 Years Will Be 22,050. Find the Present Population. - Mathematics

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Question

The population of a village increases at the rate of 50 per thousand. Its population after 2 years will be 22,050. Find the present population.

Sum
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Solution

Rate of increase = 

r = `50/1000 xx 100` = 5 %

Vn =22,050 ; V0 = ? ; r = 5 % ; t = 2 years 

Vn = V0 `(1 + "r"/100)^"t"`

22050 = V0 `(1 + 5/100)^2`

22, 050 = v. × 1.05 × 1.05 

V0 = `22050/11025`

V0 = 20000

The present population is 20,000.

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Chapter 1: Compound Interest - Exercise 1.7 [Page 25]

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Frank Mathematics - Part 2 [English] Class 10 ICSE
Chapter 1 Compound Interest
Exercise 1.7 | Q 3 | Page 25

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