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The population of a city is 50,000 at present. it increases at the rate of 10% per annum. what will be its population 3 yr from now?

a. 67,250
b. 65,550
c. 60,500
d. 66,550

1 Answer

4 votes

Answer:

To find the population of the city 3 years from now, we need to calculate the population growth based on the given growth rate.

The population of the city at present is 50,000. With a growth rate of 10% per annum, the population will increase by 10% every year.

To calculate the population after 3 years, we can use the formula:

Population after n years = Present population × (1 + growth rate)^n

Where n is the number of years.

Using this formula, we can calculate the population after 3 years:

Population after 3 years = 50,000 × (1 + 0.10)^3

Population after 3 years = 50,000 × 1.10^3

Population after 3 years = 50,000 × 1.331

Population after 3 years = 66,550

Therefore, the population of the city 3 years from now will be 66,550.

The correct option is d. 66,550.

User Marc Compte
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