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Answer:
(b) 108800
Step-by-step explanation:
First Year
Capital = Rs. 10,00,000
Loss = 4%
Capital at end = Rs. 10,00,000 x 0.96
= Rs. 9,60,000
Second Year
Capital = Rs. 9,60,000
Profit = 5%
Capital at end = Rs. 9,60,000 × 1.05
= Rs. 10,08,000
Third Year
Capital = Rs. 10,08,000
Profit = 10%
Capital at end = Rs. 10,08,000 × 1.1
= Rs. 11,08,800
Total profit at the end of 3 years
= Rs.11,08,800 - Rs.10,00,000
=Rs.1,08,800
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