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A village population every year 2% incre...

A village population every year `2%` increase find the population after `2` year ? If present population is `40000`.

A

`45,000`

B

`44,000`

C

`48,400`

D

`46,000`

Text Solution

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The correct Answer is:
To find the population of the village after 2 years with an annual increase of 2%, we can follow these steps: ### Step 1: Identify the Present Population The present population of the village is given as 40,000. ### Step 2: Calculate the Population After 1 Year To calculate the population after 1 year, we need to apply the 2% increase to the present population. \[ \text{Population after 1 year} = \text{Present Population} \times \left(1 + \frac{2}{100}\right) \] Substituting the present population: \[ \text{Population after 1 year} = 40000 \times \left(1 + 0.02\right) = 40000 \times 1.02 = 40800 \] ### Step 3: Calculate the Population After 2 Years Now, we will apply the 2% increase again to the population after 1 year. \[ \text{Population after 2 years} = \text{Population after 1 year} \times \left(1 + \frac{2}{100}\right) \] Substituting the population after 1 year: \[ \text{Population after 2 years} = 40800 \times \left(1 + 0.02\right) = 40800 \times 1.02 = 41616 \] ### Final Answer The population of the village after 2 years will be **41,616**. ---
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