Question

pooja started a business by investing rs 200000. during the first three successive years she earns a profit of 5%,8% and12% p.a. respectively. if in each year the profit was added on the capital at the end of previous years , calculate her total profit.

Answer 1

Pooja invested 2,00,000 in the beginning. At the end of 1 year at 5% interest , her principal amounted to 2,10,000. At the end of 2 year at 8% interest on 2,10,000 she got 2,26,800. At the end of the 3 year at 12% interest, 2,26,800 amounted to 2,54,016. Calculate the profit : 2,00,000 - 2,10,000 = 10,000 2,10,000 - 2,26,800 = 16800 2,26,800 - 2,54,016=. 27216 By adding all profit we get the answer : _54016_