The present population of the town is 25,000.It grows at 4% ,5% and 8% in the first year ,second year and third year respectively,the population after three years is A.29484 B.28696 C.24,579 D.30,184
Answer
Verified
Hint: Here it is enough if we find the percentage value at the end of each year and add it with the population of the previous year.
Complete step-by-step answer: Step 1: We are given that at present the population is 25000. Let us consider the present population to be ${P_1}$ ${P_1} = 25000$ Now it is given that there is a population rise of 4% in the first year . This is nothing other than 4% of ${P_1}$, people have increased. So ,let's find the value of 4% of ${P_1}$, $ \Rightarrow \dfrac{4}{{100}}*25000 = 4*250 \\ {\text{ }} = 1000 \\ $ Therefore there is a rise of 1000 people at the end of first year . So now the population at the end of first year is ${P_1} + 1000$ Let the new population be${P_2}$ Therefore $ {P_2} = {P_1} + 1000 = 25000 + 1000 = 26000 \\ \therefore {P_2} = 26000 \\ $ Step 2: Now let's repeat the same process with ${P_2}$ Now it is given that there is a population rise of 5% in the second year . This is nothing other than 5% of ${P_2}$, people have increased. So ,let's find the value of 5% of ${P_2}$, $ \Rightarrow \dfrac{5}{{100}}*26000 = 5*260 \\ {\text{ }} = 1300 \\ $ Therefore there is a rise of 1300 people at the end of second year when compared to the previous year. So now the population at the end of second year is ${P_2} + 1300$ Let the new population be${P_3}$ Therefore $ {P_3} = {P_2} + 1300 = 26000 + 1300 = 27300 \\ \therefore {P_3} = 27300 \\ $ Step 3: Now let's repeat the same process with ${P_3}$ Now it is given that there is a population rise of 8% in the third year . This is nothing other than 8% of ${P_3}$, people have increased. So ,let's find the value of 8% of ${P_3}$, $ \Rightarrow \dfrac{8}{{100}}*27300 = 8*273 \\ {\text{ }} = 2184 \\ $ Therefore there is a rise of 2184 people at the end of third year when compared to the previous year. So now the population at the end of third year is ${P_3} + 2184$ Let the new population be${P_4}$ Therefore $ {P_4} = {P_3} + 2184 = 27300 + 2184 = 29484 \\ \therefore {P_4} = 29484 \\ $ Therefore the population after three years is 29,484. The correct option is A
Note: The percent rate is calculated by dividing the new value by the original value and multiplying by 100%. The percentage value or new value is calculated by multiplying the original value by the percent rate and dividing by 100%.
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