Question

There is a continuous growth in the production of toys in a toy factory at a
rate of 5% per annum. If its present production is 8000 toys, what will be it
production after 3 years?​

Answer 1

Answer:

9261 toys

Step-by-step explanation:

Present production (P) = 8000

Rate of growth (R) = 5%

Time (n) = 3 years

Production after 3 years (A) = P (1 + R/100)ⁿ

=> A = 8000 (1 + 5/100)³

=> A = 8000 (21/20)³

=> A = 9261

Answer 2

9261

Step-by-step explanation:

population rate = 5% = 5/100 = 1/20

I : F

20:21

20:21

20:21

_________

8000 : 9261

8000 units = 8000, 1 unit = 1

9261 units = 9261×1 = 9261

basic method:/

population after 3 yrs

= p (1 + r/100)^3 = 8000×(1+5/100)^3

= 8000× 105/100*105/100*105/100

= 9261