Compound Interest Practice Test 3

Question : 15 of 40

Marks: +1, -0

Mr Ram had 66 cows 3 years ago and the number of cows increase by 10% each year(compound interest). What is the number of cows with Mr Ram at present?

Validate

Solution:

Number of cows at present

=66(1+10/100)^3

=66×11/10×11/10×11/10

≈87

Cows

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