Question

LAST YEAR THE POPULATION OF A TOWN WAS 50000.IF THE ANNUAL RATE OF POPULATION GROWTH IS 5%.FIND THE PRESENT POPULATION OF THE TOWN​

Answer 1

52500

Explanation:

5% of 50000 is 2500

(50000 * 0.05 = 2500)

50000 + 2500 = 52500

another way to do it is just multiply 50000 by 1.05 (105%)