560 total rabbits
Your assumptions are great but you can also add the assumption that the ratio of the rabbits caught on Monday is the same ratio of the rabbits caught on Tuesday.
3/14 of the total rabbits on the farm = 120 tagged on Monday
Let r represent the total rabbits on the farm
then (3/14)r = 120
r = 120(14/3)
r = 560
okay of course I'll help but is there a picture
There is a possibility of births and deaths. This also, informs us of a larger population.
This is because there are 333% more rabbits without a tag than with one. This giving us the possibility shown above!
Mark as brainliest
You can download the answer here
the accuracy of the data.