Question

Sumit invested Rs 50,000 in a business. At the end of the year, he got a profit of 10%. What is his profit?​

Answer 1

Answer:

Original capital borrowed by Sumit = Rs 50000 Sumit suffered a loss of 20% in his food products business. ∴ Loss suffered in the first year = 20% of 50000 = (20/100) x 50000 = Rs 10000 Remaining capital = Original capital – loss suffered = 50000- 10000 = Rs 40000 Sumit invested the remaining capital i.e. Rs 40,000 in a new sweets business. He made a profit of 5%. Profit in sweets business = 5% of 40000 = (5/100) x 40000 = Rs 2000 New capital with Sumit after the profit in new sweets business = 40000 + 2000 = Rs 42000 Since, the new capital is less than the original capital, we can conclude that Sumit suffered a loss. Total loss on original capital = Original capital – New capital = 50000 – 42000 = Rs 8000 ∴ Sumit suffered a loss of 16% on the original capital.Read more on Sarthaks.com - https://www.sarthaks.com/848281/sumit-borrowed-capital-000-start-his-food-products-business-the-first-year-suffered-loss?show=848286#a848286

Step-by-step explanation:

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Answer 2

Answer:

thanks for the answer !!!