Question: Little Beau Peep lost her sheep. She couldn’t remember how many were there. She knew she would have 400 more next year, than the number of sheep she had last year. How many sheep were there?
I. The number of sheep last year was 20% more than the year before that and this simple rate of increase continues to be the same for the next 10 years.
II. The increase is compounded annually.
|The question can be answered with the help of statement I alone,|
|question can be answered with the help of statement II, alone,|
|Both, statement I and statement II are needed to answer the question, and|
|The question cannot be answered even with the help of both the statements.|
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