Question

Company XYZ showed a good turnover and as a result, market value of its share increased by 10%
in the first year and 15% in the second year. Find the present value of a share if two years ago its
value was 1000.​

Answer 1

Answer:

value of share is 1000

first year it will increase by 10%

so 1000×10/100=100 so the increased value is 1000+100=1100

now second year value increased by 15%

so 1100×15/100=165

so the increase value is 1100+165=1265

Answer 2

Answer:-

The answer is Rs 1265