The present population of a town is 5000. If the population decreases at the rate of 10% per year, the population after 2 years will be
A
4820
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B
4050
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C
4980
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D
4500
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Solution
The correct option is B4050 Present population, Po=5000 Rate =10% Time =2 years Let after 2 years population =P Thus, P=Po(1−R100)T P=5000(1−10100)2 P=4050 Thus after two years the population will be 4050