Question

the farmers output of wheat grows by 8% every year in the year 2006 is output was 4374 how much was the output in the year 2004 and what will be its output in the year 2008
plz help me ​

Answer 1

Answer:

Given :  A farmer's output of wheat grows by 8% every year. In the year 2006 his output was 4,374  quintals  

To Find :  output in the year 2004

output in the year 2008

Solution:

Let say Output in 2004  =  P  quintals

Rate of increase = 8 %

2004 to 2006  = 2 Years

Hence output in 2006  =  P ( 1 + 8/100)²

= P (1.08)²

= 1.1664 P

1.1664 P  =4374

=> P = 3750

output in the year 2004 = 3750 quintals  

2006 to 2008   = 2 years

Hence output in 2008  = 4374 ( 1 + 8/100)²

=  4374 (1.1664)

= 5101.83

≈ 5102  quintals

output in the year 2008 =  5102 quintals