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.
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Answer:
53,130
Step-by-step explanation:
40000×(105/100)×(110/100)×(115/100) = 53,130
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