Question

In tha 1st year, on an investment of 600000, the loss is 5% and in the second year the gain is is 10% find the net gain or loss​

Answer 1

Answer:

Rs.627000

Step-by-step explanation:

Rs.627000

Investment amount =6,00,000

The lose in first year =5%

Now, in first year the investment is =

=600000− 5/100  ×600000=570000

In second year, the gain is 10%. Now, the total investment,

=570000+ 10/100  ×570000=Rs.627000.