The population of a town in the year 2018 was 132300 If the population of the town increases every year by 5% what was the population of the town in the year 2016

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According to the given question,The population of a town in the year 2018 was = 1,32,300

The population of the town increases every year by = 5%,

The population of the town in the year 2016 = ?

Step by Step Solution :Suppose the population in 2016 was = x

∴x × 105/100 × 105/100 = 1,32,300or, x = 132300 × 100/105 × 100/105

= x = 120000

Therefore,the population of the town in the year 2016 was 12000.Video Explanation :Video Explanation :