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The population of a village decreases every year at the rate of 3%. If the present population is 28227, what was the population of the village two years ago?
Let's assume the population of the village two years ago is 'y'.
The population of a village decreases every year at the rate of 3%. If the present population is 28227.
y of (100-3)% of (100-3)% = 28227
y of 97% of 97% = 28227
$$y\times\frac{97}{100}\times\frac{97}{100}=28227$$
$$y\times\frac{9409}{10000}=28227$$
$$y=\frac{282270000}{9409}$$the population of the village two years ago = 30000
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