The population of a town is 126800. It increase by 15% in the 1st year and decrease by 20% in the 2nd year. What is the population of the town at the end of 2 yr.
Correct Answer: 116656
Explanation:
Given, R = 15% and R2 = 20%
Required population
= P(1 + R1/100) (1 - R2/100)
= 126800(1 + 15/100) (1- 20/100)
= 126800 (1 + 3/20 ) (1- 1/5)
= 126800 x (23/20) x (4/5) = 116656
