Concept:
Bulk modulus \( B = - \frac{\Delta P}{\Delta V / V} \), where \( \Delta P \) is change in pressure, \( \Delta V / V \) is fractional change in volume.
Step 1: Identify given values.
Initial pressure \( P_1 = 1 \, \text{atm} \), Final pressure \( P_2 = 2 \, \text{atm} \)
\[
\Delta P = P_2 - P_1 = 1 \, \text{atm}
\]
Volume reduces by 2%, so:
\[
\frac{\Delta V}{V} = -0.02 \quad (\text{negative sign indicates decrease})
\]
Step 2: Convert pressure to SI units.
\[
1 \, \text{atm} = 1.013 \times 10^5 \, \text{N/m}^2 \approx 10^5 \, \text{N/m}^2
\]
Thus:
\[
\Delta P = 1 \times 10^5 \, \text{N/m}^2
\]
Step 3: Apply bulk modulus formula.
\[
B = - \frac{\Delta P}{\Delta V / V} = - \frac{10^5}{-0.02} = \frac{10^5}{0.02} = \frac{10^5}{2 \times 10^{-2}} = \frac{10^5 \times 10^2}{2} = \frac{10^7}{2}
\]
\[
B = 5 \times 10^6 \, \text{N/m}^2
\]