he population of a town is 5,00,000. The rate of increase is 20% per annum. Find the population at the start of the third year.

Question

he population of a town is 5,00,000. The rate of increase is 20% per annum. Find the population at the start of the third year.
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Solution 1

To find the population at the start of the third year, we need to apply the rate of increase for two consecutive years to the initial population.

Step 1: Calculate the population after the first year. The rate of increase is 20%, so the population will increase by 20/100 * 5,00,000 = 1,00,000. So, Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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