The population of a city increased to 2601000 in 2018 at a rate of 2% per annum. Find the population in 2016.
pls tell step by step explanation
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The population of a city increased to 2601000 in 2018 at a rate of 2% per annum. Find the population in 2016.
pls tell step by step explanation
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Explanation:
population in 2018=2601000
let the population in 2016 be p. time=2 yrs
A=p(1+r/100)^t
260100=P(1+2/100)^2
260100=p(51/50)^2
260100×50×50/51×51=p
p=250000