18. A trader in the first year loses 10 % of his capital, but in the second year gains 10 % of what he had at the end of first year. The capital at the end of second year is 456 less than original capital.. -- Answer in book is 45600.please show the procedure
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A trader in the first year loses 10 % of his capital, but in the second year gains 10 % of what he had at the end of first year. The capital at the end of second year is 456 less than original capital.. -
Answer:
p=600
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