
Shortcut Trick
Growth rate 5% → Fraction 1/20. Multiplier for 1 year = 21/20.
For 2 years (2019 to 2021), Multiplier = (21/20) × (21/20) = 441/400.
Given 441 units = 44,100 ⇒ 1 unit = 100.
Initial population (400 units) = 400 × 100 = 40,000.
∴ The correct answer is 40,000.

Alternate Method

Given: Final Population (A) = 44,100, Rate (R) = 5%, Time (n) = 2 years.
Formula Used: A = P × (1 + R/100)n
⇒ 44,100 = P × (1 + 5/100)2
⇒ 44,100 = P × (105/100) × (105/100)
⇒ 44,100 = P × (21/20) × (21/20)
⇒ 44,100 = P × (441/400)
⇒ P = (44,100 × 400) ÷ 441
⇒ P = 100 × 400
⇒ P = 40,000
∴ The correct answer is 40,000.

Additional Information
Population Growth Formula
Population after 'n' years is given by P(1 + R/100)n, where P is the initial population and R is the annual growth rate.
Population Decrease Formula
If the population decreases, the formula becomes P(1 − R/100)n, similar to the depreciation formula in accounting.
Successive Percentage Change
For two years of growth R1 and R2, the net effective growth rate is (R1 + R2 + R1R2/100)%.