If the annual decrease in the population of a town is 8% and the present population is 79350, then what was the population 2 years ago?
Answer & explanation
Correct answer: option 3
8 % = \(\frac{8}{100}\) = \(\frac{2}{25}\)
1st 25 23
2nd 25 23
----------- ---------
625 529
↓ x150 ↓ x150
93,750 79350