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The population of a city increases by 
3% per year. If this year's population is 
p, which expression represents next year's population?

0.03 p

3p

1.003 p

1.03 p

The population of a city increases by 3% 3 \% per year. If this year's population is p p , which expression represents next year's population?\newline0.03p 0.03 p \newline3p 3 p \newline1.003p 1.003 p \newline1.03p 1.03 p

Full solution

Q. The population of a city increases by 3% 3 \% per year. If this year's population is p p , which expression represents next year's population?\newline0.03p 0.03 p \newline3p 3 p \newline1.003p 1.003 p \newline1.03p 1.03 p
  1. Understand the problem: Understand the problem.\newlineWe need to find the expression that represents the population of a city next year, given that the population this year is pp and it increases by 3%3\% annually.
  2. Translate percentage increase: Translate the percentage increase into a decimal.\newlineA 3%3\% increase can be represented as 0.030.03 in decimal form.
  3. Apply increase to current population: Apply the percentage increase to this year's population.\newlineTo find next year's population, we add the 3%3\% increase to the current population. This is equivalent to multiplying the current population by 11 plus the percentage increase in decimal form.
  4. Write expression for next year's population: Write the expression for next year's population.\newlineNext year's population is this year's population plus 33% of this year's population. In mathematical terms, this is p+(0.03×p)p + (0.03 \times p).
  5. Simplify the expression: Simplify the expression.\newlineCombine like terms by factoring out pp from the expression.\newline$p + (\(0\).\(03\) \times p) = p \times (\(1\) + \(0\).\(03\)) = p \times \(1\).\(03\)
  6. Identify correct expression: Identify the correct expression from the given options.\(\newline\)The expression that represents next year's population is \(p \times 1.03\).

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