2.Find the population of a city after 2 years, which is at present 12l – InterviewSolution

1.	2.Find the population of a city after 2 years, which is at present 12lakh, if the rate of increase is 4%.
Answer» Present population = 12 lakh = 1200000Time = 2 yearsRate of increase = 4%Therefore, population after 2 years is= present population(1 + r/100)²= 1200000 (1 + 4/100)²= 1200000 * (104/100)²= 1200000 * 104/100 * 104/100= 120 * 104 * 104= 1297920.

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