In 2013, the population of a town=1,25,000
7% increased in the next Year
In 2014, the population of the town = 1,25,000\( \left( 1 + \frac{7}{100} \right) \)
=1,25,000\( \left( 1 + \frac{107}{100} \right) \)
=1,250 X 107 = 1,33,750