The present population of a city is $18522000$ . If it has been increased at the rate of $5 %$ per annum, find the population(approx) after $3$ years.

2522200

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16000000

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21441530

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252200

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Solution

The correct option is C $21441530$
Given, Principal amount $18522000$ , rate of interest $= 5 %$ and period $= 3$ years
Total Population $= 18522000 {[1 + \frac{5}{100}]}^{3}$
$= 18522000 {[1 + \frac{1}{20}]}^{3}$
$= 21441530$ (approx)

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The present population of a city is 18522000. If it has been increased at the rate of 5% per annum, find the population(approx) after 3 years.

The correct option is C 21441530Given, Principal amount 18522000, rate of interest =5% and period =3 yearsTotal Population =18522000[1+5100]3 =18522000[1+120]3 =21441530(approx)

The present population of a city is $18522000$ . If it has been increased at the rate of $5 %$ per annum, find the population(approx) after $3$ years.

The correct option is C $21441530$
Given, Principal amount $18522000$ , rate of interest $= 5 %$ and period $= 3$ years
Total Population $= 18522000 {[1 + \frac{5}{100}]}^{3}$
$= 18522000 {[1 + \frac{1}{20}]}^{3}$
$= 21441530$ (approx)