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The population of a village is 1,00,000....

The population of a village is 1,00,000. If the population in creases at `10%` per annum, then the population at the start of the third year is

A

1,33,100

B

1,21,000

C

1,20,000

D

1,10,000

Text Solution

AI Generated Solution

The correct Answer is:
To find the population at the start of the third year given that the population of a village is 100,000 and increases at a rate of 10% per annum, we can follow these steps: ### Step-by-Step Solution: 1. **Identify the Initial Population and Growth Rate:** - Initial population (P) = 100,000 - Growth rate (r) = 10% per annum 2. **Convert the Growth Rate to Decimal:** - Convert the percentage to a decimal for calculations: \[ r = \frac{10}{100} = 0.10 \] 3. **Calculate the Population After 2 Years:** - The formula for population growth is given by: \[ P(t) = P \times (1 + r)^t \] - Here, \(t\) is the number of years. For the start of the third year, we need to calculate the population after 2 years (\(t = 2\)): \[ P(2) = 100,000 \times (1 + 0.10)^2 \] 4. **Calculate \( (1 + 0.10)^2 \):** - First, calculate \(1 + 0.10\): \[ 1 + 0.10 = 1.10 \] - Now square it: \[ (1.10)^2 = 1.21 \] 5. **Multiply by the Initial Population:** - Now, substitute back into the population formula: \[ P(2) = 100,000 \times 1.21 \] 6. **Calculate the Final Population:** - Perform the multiplication: \[ P(2) = 121,000 \] ### Conclusion: The population at the start of the third year is **121,000**.
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