appreciation and depriciation

Question

the number of students enrolled in a school is 2000.if the enrollment increases by 5 percent every year,how many students will be there after two years

Answer 1

2000 x 5/100 = 100 (this is 5% of 2000) after 1 year the number of students increases by 100 yeilding 2100 students.

2100 x 5/100 = 105  (5% of 2100) after 2 years the number of students increased by 105, overall there were 205 more students over the 2 year period.

2000+205= 2205 students after 2 years.