The population of a city is 7.26 lakh today. If the population has been increasing at the rate of 10% per year, then two year ago, the population would have been
A
6 lakh
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B
5.5 lakh
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C
5 lakh
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D
4.5 lakh
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Solution
The correct option is B6 lakh
The population at present =P=7.26 lakh.
Time =2 yrs =T. Rate =10% p.a.
Now, Final population = (original population)×(1+Rate100)time.
Here we are to find out the population two years back.
Let it be x.
So, the population 2 yrs. after ==x(1+10100)2=7.26