Question

Little Bo Peep lost her sheep. She could not 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?
1. The number of sheep last year was 20% more than the year before that and this rate of increase continues to be the same for the next 10 years.
2. The increase is compounded annually

• A. Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.
• B. Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient
• C. EACH statement ALONE is sufficient.
• D. BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.
• E. Statement (1) and (2) TOGETHER are NOT sufficient to answer the question asked, and additional data are needed.

Answer 1

The correct option is D BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.

Option (d)

We need to have both statements to find the number of sheep