Q.In a village, the current population is \(P\), and it increases by 8% every year. What will the population be after two years? (a) \((100P+2R)\) (b) \(\frac{(100P+R)(100+R)}{10000}\) (c) \(\frac{(100P+PR)(100+2R)}{10000}\) (d) None of the above
Answer: D
After 2 years, the population will be \(P\left(1 + \frac{R}{100}\right)^2 = P\left(\frac{100 + R}{100}\right)^2\) \(= \frac{P(100 + R)(100 + R)}{10000}\) \(= \frac{(100P + PR)(100 + R)}{10000}\)
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