Find the populationof a city after 2 years which is at present 12 lakh – InterviewSolution

1.	Find the populationof a city after 2 years which is at present 12 lakh,if the rate of increaseis 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. {ANSWER}

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