Population of our country is growing at rate of 1% per annum. If our population is 135,00,00,000 at present (2021), then what woul

Population of our country is growing at rate of 1% per annum. If our population is 135,00,00,000 at present (2021), then what would be our population in 2024?​

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Kinsley

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  1. Answer:

    Let the population be principle amount i.e 135,00,00,000

    no. of 3

    Rate of interest is 1%

    Now I = PRN /100

    i.e I = 135,00,00,000 × 1 × 3/ 100

    i.e. I = 135,00,00,0× 3

    i.e. I = 40500000

    Therefore population after 3 year is 135,00,00,000 + 40500000 = 1390500000

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