Question

Mahendra set up a factory by investing Rs2500000.during the first two years his profit of 5% and 10% respectively if each year the profit was a on previous years capital calculate his total profit​

Answer 1

Answer:

387500

Step-by-step explanation:

Given,

Initial investment by Mahendra = Rs.2500000

Profit in first 2 successive years = 5% & 10%

Final investment after two successive profits =

Hence,

His total profit = 2805000 – 2500000 = Rs.387500