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Population of a town increases by 15% per year. If the population of that town is 10, 36, 725 this year, what was the population in the previous year?9, 01, 5009, 01, 53010, 36, 71010, 20, 500

Question

Population of a town increases by 15% per year. If the population of that town is 10, 36, 725 this year, what was the population in the previous year?9, 01, 5009, 01, 53010, 36, 71010, 20, 500

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Solution

The population of the town increases by 15% per year. This means that the population of the previous year is 100% of the current year's population minus the 15% increase.

Let's denote the population of the previous year as P. We know that:

P + 15% * P = 10, 36, 725

This simplifies to:

1.15 * P = 10, 36, 725

To find P, we divide both sides of the equation by 1.15:

P = 10, 36, 725 / 1.15

After performing the division, we find that P = 9, 01, 500.

So, the population of the town in the previous year was 9, 01, 500.

This problem has been solved

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