Question

A man losses in the first year 5% of his capital but in the second year gains 6%of what he had at the end of first year and his capital is now Rs 350 more than what it was at the commencement. Find his original capital.

Answer 1

let the total capital at the start of first year be 100

then lost 5 %

remaining= 95

6/100×95=5.7

total now= 100.7

so 0.7 % of x= 350

x= 350×1000/7

x=50000