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    5. The population of a town increased to 13,520 in 2022 at a rate of 4% per annum. Find the population

    Question

    The population of a town increased to 13,520 in 2022 at

    a rate of 4% per annum. Find the population of that town in 2020.
    A 12,500 Correct Answer Incorrect Answer
    B 17,436 Correct Answer Incorrect Answer
    C 15,436 Correct Answer Incorrect Answer
    D 10,436 Correct Answer Incorrect Answer

    Solution

    ATQ. Let P be the population of town in the year 2020 population in the year 2022 = A = 13,520 (given) Using the formula of CI-

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