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The population of a town 2 years ago was 62,500. Due to migration to big cities, it decreases every year at the rate of 4%. The present population of the town is:
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- 57,600
- 56,700
- 76,000
- 75,000
Correct Option: A
Using Rule 18,
Let the present population be P
∴ P = 62500 | ![]() | 1 - | ![]() | 2 | ||
100 |
= 62500 × | × | = 57600 | ||
25 | 25 |