The present population of a town is 3456. Population increase rate is 20% p.a. Find the population of town before 2 years? Choose the correct answer:
A) 2400
B) 2100
C) 3500
D) 3600
E) 2050
P = 3456   R = 20%   Required population of town = P/(1 + R/100)^T   = 3456/(1 + 20/100)^2   = 3456/(6/5)^2   = 2400(approximately)   2400nswer is 2400
<result>A</result>
The present population of a town is 3456. Population increase rate is 20% p.a. Find the population of town before 2 years?