Question

david set up a small business by investing 40000. during the first three successive years his profits were 5%,10%,and 15% respectively .if each year the profit was calculate on the previous years capital, calculate his total profit for three years.​

Answer 1

Answer

The answer is 13130 1st year profit was 2000 2nd year profit was 4200 3rd year profit was 6930 by adding dissolve profits the answer is 13130.

Please mark me as a brainlist.