Question

Mahindra set up a factory by investing 2500000.during the first two years ,his profits were5%and10%respectively.if each year the profit was on previous year's capital.calculate his total profit

Answer 1

Answer:

Hey mate here is your answer.✡✡✡✡✡✡✡✡✡✡

Step-by-step explanation:

GIVEN-Rs 250000,

profit percent for 1st year=5%,

profit percent for 2nd year = 10%,

TO FIND- total profit,

First we find the profit for 1st year,

profit= 250000×5/100,

=12500,

profit for 1 st year is Rs12500,

Now find the profit for 2nd year,

profit = 250000×10/100,

=25000,

profit for 2nd year is Rs25000,

total profit is 12500+25000=Rs37500,

HOPE IT HELPS YOU!✔✔✔

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