The population of a city increases every year `8%` over its previous year. If the population of the city at the beginning of the year 2015 was 15,00,000. What would be the population of the city at the beginning of the year 2016?

Answer

Rs. 16,20,000

Explanation

The population at the beginning of 2015 iis 15,00,000.
The population at the beginning of 2016
`=(8)/(100)xx15,00,000+15,00,000`
`=1,20,000+15,00,000`
=16,20,000