A man had 1000 hens at the beginning of year 2001 and the number of hens each year increases by 10% by giving birth. At the end of each year we double the no. of hens by purchasing the same no. of hens as there is the no. of hens with us at the time. What is the no. of hens at the beginning of 2004?
A. 10600
B. 10648
C. 8848
D. 8226
E. None of these
Answer: Option B
Solution(By Examveda Team)
1000 == 10%↑ ⇒ 1100 == Double ⇒ 2200 == 10%↑ ⇒ 2420 == Double ⇒ 4840 == 10%↑ ⇒ 5324 == Double ⇒ 10648Related Questions on Interest
Find the simple interest on Rs. 5200 for 2 years at 6% per annum.
A. Rs. 450
B. Rs. 524
C. Rs. 600
D. Rs. 624
Rs. 1200 is lent out at 5% per annum simple interest for 3 years. Find the amount after 3 years.
A. Rs. 1380
B. Rs. 1290
C. Rs. 1470
D. Rs.1200
E. Rs. 1240
Interest obtained on a sum of Rs. 5000 for 3 years is Rs. 1500. Find the rate percent.
A. 8%
B. 9%
C. 10%
D. 11%
E. 12%
Rs. 2100 is lent at compound interest of 5% per annum for 2 years. Find the amount after two years.
A. Rs. 2300
B. Rs. 2315.25
C. Rs. 2310
D. Rs. 2320
E. None of these
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