The population of a town 2 years ago was 62500. Since some people migrate to different cities the number of people decreases every year at the rate of 4% per annum. Find its present population. [4 MARKS]
Question 91
The population of a town was decreasing every year due to migration, poverty and unemployment. The present population of the town is 631680. Last year the migration was 4% and the year before last, it was 6%. What was the population two years ago ?