Question

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?​

Answer 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)