Question

Raman openeda bookshop with an initial investment of ₹40000. In the nrst
vez he incurred a loss of 5%. However, during the second year, he earned
prostor 10% which in the third year rose to 1242%. Calculate his net profit
for the entire period of three years.

Please answer it quickly ​

Answer 1

Answer:

7025

Given,

Initial Investment = 40000, Loss = 5%, Profit = 10% = 1242.

To Find,

Net profit for the entire period of 3 years.

Solution,

Initial Investment = 40000, Loss = 5%.

Profit in second year = 10%, Profit in third year = 12 (1/2) = 25/2%.

His assests at the end of third year ,

==> {40000 * (1 - 5/100) * (1 + 10/100) * (1 + 25/200)}

==> 40000 * 9/8 * 19/20 * 11/10

==> 75240000/1600

==> 47025

Net Profit = 47025 - 40000 = 7025.

Result,

Net profit for the entire period of 3 years = 7025.

#Hope my answer helped you.

Answer 2

Step-by-step explanation:

Investment (P)= 40000

1st year = -5%

2nd yr = +10%

3rd year= +12.5%

Investment after 3yrs= 40000×(1-5/100)(1+10/100)(1+12.5/100)

=47025

:. profit= 47025-40000

= 7025