Meghan and Her friend started a firm to manufacture natural fertilizer to promote organic farming. The profits of the firm were talking Rs 84000 in the year 2014 during the next year it increased by 5% and it decreased by 2 % in the following year what is the profit of firm after 2 Year?
Answers
Answer:
Profit of firm after 2 years is Rs 86436.
Step-by-step explanation:
Given: Profit Amount in 2014 year = Rs 84000
Increased percentage in 2015 = 5%
Decreased Percentage in 2016 = 2%
To find: Profit amount after 2 year from 2016.
First we find increased amount in 2015 and we find decreased amount in 2016.
Increased Amount in 2015 = 5 % of Rs 84000
=
=
= Rs. 4200
⇒ Amount After 2015 = Rs 84000 + Rs 4200
= Rs 88200
Decreased amount in 2016 = 2 % of Rs 88200
=
=
= Rs 1764
⇒ Amount after 2016 = Rs 88200 - Rs 1764
= Rs 86436
Therefore, Profit of firm after 2 years is Rs 86436.
Answer:
Profit of firm after 2 years is Rs 86436.
Step-by-step explanation:
Given: Profit Amount in 2014 year = Rs 84000
Increased percentage in 2015 = 5%
Decreased Percentage in 2016 = 2%
To find: Profit amount after 2 year from 2016.
First we find increased amount in 2015 and we find decreased amount in 2016.
Increased Amount in 2015 = 5 % of Rs 84000
= \frac{5}{100}\times840001005×84000
= 5\times8405×840
= Rs. 4200
⇒ Amount After 2015 = Rs 84000 + Rs 4200
= Rs 88200
Decreased amount in 2016 = 2 % of Rs 88200
= \frac{2}{100}\times882001002×88200
= 2\times8822×882
= Rs 1764
⇒ Amount after 2016 = Rs 88200 - Rs 1764
= Rs 86436
Therefore, Profit of firm after 2 years is Rs 86436