Question

3. A trader's capital has increased by 10%
every year. At the end of 2 years it is
*121000. What was his capital at first​

Answer 1

His first capital = ₹100000

Step-by-step explanation:

let at first capital be x

then at the end of 1st year

capital=x+10%of x=x+.1x=1.1x

at the end of 2nd year capital=1.1x+10%of 1.1x=1.1x+.11x=1.21x

given capital at the end of 2nd year =121000

1.21x=121000

x=100000

please mark me as brainliest