A businessperson started a business with
a capital of Rs. 80,000. His first year
accumulated profit was 10% and second
year profit was 20%. What was the total
amount after second year?
Answers
Answered by
1
Answer:
105600
Step-by-step explanation:
total capital= 80,000 rs.
1st year profit = 10% of 80,000
= 10/100 x 80,000
= 8,000 rs.
total amt. after 1st year = capital + 1st year profit
= 80,000 + 8,000
= 88,000 rs.
2nd year profit = 20% of 88,000
= 20/100 x 88,000
= 17600 rs.
total amt. after 2nd year = total amt. after 1st year
+ 2nd year profit
= 88,000 + 17600
= 1,05,600 rs.(answer)
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