pooja started a business investing rs.200000. during the first three successive years, she earned a profit of 5%,8%,12% per annum respectively. if in each year, the profit was added on the capital at the end of the previous year, calculate her total profit after three years.
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Answer:
=27.008%
Step-by-step explanation:
A=P(1+r/100)^t
=200000(1+5/100)(1+8/100)(1+12/100)
=254016
A=Rs.254016
Profit=A-P
=54016
Profit%=Profit/P*100
=54016/200000*100
=27.008%
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