In the first year on an investment of ₹6,00,000 the loss is 5% and in the second year the gain is 10%, the net result is_______.
Answers
Answered by
8
Answer:
627000
Step-by-step explanation:
5/100*600000=30000
600000-30000=570000
10/100*570000=57000
570000+57000=627000
Answered by
2
Hello Friend,
I hope You understand this
Answer:
627000
Step-by-step explanation:
Explanation: Investment amount = 600000
Loss in first year = 5%.
So, investment in first year
= 600000 – (5/100) x 600000
= 600000 – 30000
= 570000
In second year, the gain is 10%.
So, net result
= 570000 + (10/100) x 570000
= 570000 + 57000
= 627000
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