Question

Amit started a shop with an initial investment of Rs 160000. During the first three successive years, he earned a profit of 5%, 10% and 12 % respectively. If each year the 2 profit was on previous year's capital, calculate his total profit.​

Answer 1

Answer:

160000÷100=1600

so 1% =1600

5×1600 =8000

10×1600=16000

12×1600=19200

Answer 2

Answer:

The answer is 8000, 1600 and 19200.