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What will be the difference in population 3 years ago and 2 years ago of a town whose current population of 2,50,000 is increasing at a rate of 2
Question

What will be the difference in population 3 years ago and 2 years ago of a town whose current population of 2,50,000 is increasing at a rate of 25% every year?​

A.

31,450

B.

31,250

C.

32,350

D.

32,000

Correct option is D

Given:
- Current population = 2,50,000
- Growth rate = 25% per year
- We are required to find the difference in population 3 years ago and 2 years ago.

Formula Used:

Population after n years = P×(1+r)n P × (1 + r)^n​​
Where:
P = current population, r = growth rate, n = number of years

Solution:

- Population 3 years ago  =2,50,000(1+0.25)3=2,50,000(1.25)3=2,50,0001.9531251,28,000= \frac{2,50,000 }{ (1 + 0.25)^3} = \frac{2,50,000 }{ (1.25)^3} =\frac{ 2,50,000 }{1.953125 }≈ 1,28,000​​
- Population 2 years ago = 2,50,000(1+0.25)2=2,50,000(1.25)2=2,50,0001.56251,60,000 \frac{2,50,000 }{(1 + 0.25)^2} = \frac{2,50,000 }{ (1.25)^2 }=\frac{ 2,50,000 }{1.5625} ≈ 1,60,000​​
- Difference in population = 1,60,000 - 1,28,000 = 32,000

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