The population of a town increases at the rate of 40 per thousand annually. If the present population be 175760, what was the population three years ago?
Present population (A) = 175760
Increase rate = 40 per 1000
Period = 3 years
Let 3 years ago, population was = P
∴A=P(1+401000)3
=175760×2526×2526×2526=156250
∴ 3 years ago, population was 156250.