The present population of a town is 3600. Population increase rate is 20% p.a. Find the population of town before 2 years?
Choose the correct choice from the following choices: A) 2500 B) 2100 C) 3500 D) 3600 E) 2050
P = 3600   R = 20%   Required population of town = P/(1 + R/100)^T   = 3600/(1 + 20/100)^2   = 3600/(6/5)^2   = 2500(approximately)   2500nswer is 2500
<result>A</result>
The present population of a town is 3600. Population increase rate is 20% p.a. Find the population of town before 2 years?