Due to pandemic, the population of a city reduces at the rate of 2% per annum. What will be its total population after 2 years if the present population of the city is 45,000?
Answer & explanation
Correct answer: option 4
rate = 2% = \(\frac{2}{100}\)
Decreased population = 45000 × \(\frac{98}{100}\) × \(\frac{98}{100}\)
= 43128