WBBSEClass XPhysical ScienceCompound Interest01 Mark2022 Easy

QQuestion

At present the population of a village is P and if rate of increase of population per year be r%, after n years the population will be:

(a) P (1 + \frac{r}{100})n

(b) P (1 + \frac{r}{100})n

(c) P (1 + \frac{r}{100})2n

(d) P (1 – \text{r}\over100)n

Exam-ready answer 01 Mark

Answer

(a) P (1 + \text{r}\over100)n

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