Parul invested ₹2,50,000 in the stock market. In the first year, her money went down by 15%.In the 2nd year her remaining money went up by20%.Over the two year period what was overall percent gain or loss?
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Answer:
Step-by-step explanation:
If Paul invested ₹250000
And had a loss of 15% in first year
Then total money he had now
=15%of₹250000
=₹37500....
= ₹250000-₹37500
=₹212500
And if in second year he had a profit of 20% on the remaining money then....
20%of 212500
=₹42500
So,total money he had after profit
=₹42500+₹212500
=₹255000
So, total gain or loss
=₹255000-₹212500
=₹42500
The ammount of profit money is more so,,
There is a profit of ₹42500....
I That u would be satisfied with my ans.
Thanks......
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