Hi Paresh,
I hope you are well. That statement does looks sufficient.
We can set up a chart to illustrate the population growth. Each day the population grows at a constant rate. Let's call that X.
Day Population
1 200
2 200x
3 200x^2
4 200x^3
5 200x^4
6 200x^5
7 200x^6 or 5,000 (according the statement)
So you can solve 200x^6 = 500. The resulting number will be the factor by which the rabbit population multiplies on a daily basis.
Making charts like the one above is VERY helpful on the GMAT for all sorts of questions.
I hope that his helps and let me know if you need more advice on this subject.
HG.
"It is a curious property of research activity that after the problem has been solved the solution seems obvious. This is true not only for those who have not previously been acquainted with the problem, but also for those who have worked over it for years." -Dr. Edwin Land
GMAT Blog and GMAT Tutoring:
www.AtlanticGMAT.com
