The number of people living in Aligarh at present is 500000. If the population of the town increases by 4% every year, then what will be the Aligarh’s population after three years?
The number of people living in Aligarh at present is 500000. If the population of the town increases by 4% every year, then what will be the Aligarh’s population after three years? Correct Answer 562432
Given:
Initial Population = 500000
Formula Used:
Final population = I(1 + r/100)3, where I = initial population
Calculation:
Required population = I(1 + r/100)3 = 500000(1 + 4/100)3
= (104/100) × (104/100) × (104/100) × 500000
= (26/25) × (26/25) × (26/25) × 500000 = 562432
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Feb 20, 2025