If the annual decrease in the population of a town is 7% and the present population is 864900, then what was the population 2 years ago?
Answer & explanation
Correct answer: option 3
7 % = \(\frac{7}{100}\)
1st year 100 93
2nd year 100 93
----------- ---------
10000 8649
↓ x100 ↓ x100
1000000 864900