The population of a city is 250000. It is increasing at the rate of 2% every year. The growth in the population after 2 yr is?

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Accepted Answer

Population after 2 yr = P (1 + R/100)2 = 250000 (1 + 2/100)2 ⇒ 250000 x (51/50) x (51/50) = 260100 ∴ Growth = 260100 - 250000 = 10100

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