On May 1, 2002, a person sold all his investments for 108,000, incurring a loss of 10% with respect to the previous month. On April 1, 2002, he had invested all his money in shares, which represented a 20% increase over the sum he had on March 1, 2002, which represented a 20% decrease over the money he had on February 1, 2002, which represented a 25% increase over the money he had on January 1, 2002. The person had maximum money in (a) February, 2002 (b) January, 2002 (C) April, 2002 (d) None of these
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Answer:
mmmmmmmmmmmmmmmmmmmmmm
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Step-by-step explanation:
jan= let x
feb=5/4x
mar=x
apr=1.2x
may 54/50 x
so ans feb 2002
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