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The population of a village is 5000 and ...

The population of a village is 5000 and it increases at the rate of 2% every year. After 2 years, the population will be :

A

5116

B

5202

C

5200

D

5204

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AI Generated Solution

The correct Answer is:
To solve the problem of calculating the population of a village after 2 years with an initial population of 5000 and an annual increase of 2%, we can follow these steps: ### Step 1: Understand the Initial Population The initial population of the village is given as 5000. ### Step 2: Calculate the Population After the First Year To find the population after the first year, we need to calculate the increase due to the 2% growth. - **Increase in Population After 1 Year**: \[ \text{Increase} = \text{Initial Population} \times \text{Growth Rate} \] \[ \text{Increase} = 5000 \times \frac{2}{100} = 5000 \times 0.02 = 100 \] - **Population After 1 Year**: \[ \text{Population After 1 Year} = \text{Initial Population} + \text{Increase} \] \[ \text{Population After 1 Year} = 5000 + 100 = 5100 \] ### Step 3: Calculate the Population After the Second Year Now, we need to calculate the population after the second year using the new population from the end of the first year (5100). - **Increase in Population After 2 Years**: \[ \text{Increase} = \text{Population After 1 Year} \times \text{Growth Rate} \] \[ \text{Increase} = 5100 \times \frac{2}{100} = 5100 \times 0.02 = 102 \] - **Population After 2 Years**: \[ \text{Population After 2 Years} = \text{Population After 1 Year} + \text{Increase} \] \[ \text{Population After 2 Years} = 5100 + 102 = 5202 \] ### Final Answer The population of the village after 2 years will be **5202**. ---
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