A farmer increases his output of wheat in his farm every year by 8%. This year produced 2187 quintals
of wheat. What was the yearly produce of wheat two years ago?
It is given that
The present production of wheat = 2187 quintals
Increase in production = 8% p.a.
We know that
Production of wheat 2 years ago = A \div(1+r / 100)^{n}
Substituting the values
\begin{aligned} &=2187 \div(1+8 / 100)^{2}\\ &\text { By further calculation }\\ &=2187 \div(27 / 25)^{2} \end{aligned}
So we get
= 2187 × 25/27 × 25/27
= 1875 quintals
Lido
Courses
Quick Links
Terms & Policies
Terms & Policies