Question

2. A shepherd has 200 sheep with him. Find the number of sheeps with him
3 years if the increase in number of sheeps is 8% every year .find with the compound interest meathod
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Answer 1

Answer:

8/100 × 200 =16

16 × 3 years = 48

total number of sheeps after 3 years = 248

Answer 2

Answer:

The given information is:

Here, P = Number of sheeps initially = 200

A = Number of sheeps after 3 years

R = Rate of increase of number of sheeps per year = 8 %

N = 3 years

A = P × (1+R/100)N

=200 × (1+8/100)³

=200 × (1+2/25)³

=200 × (27/25)³

=251.94

=252 (approx)

Hence, the number of sheeps after 3 years is 252