Question

Suresh started a shop with a capital of 19,200. He paid a loss of 5% in the first year but he gained a profit of 10% and 25/2% in the second and third year respectively. What was his total profit or loss at the end of third year?​

Answer 1

Answer:

17.5625% Profit

Step-by-step explanation:

His capital =19200

1st year he lost 5% which is 19200*5/100

=960.

So his capital for 2nd year is 18240

He gained 10% profit this year which is 1824

So his capital for 3rd year is 20064

This year too he made a profit of 12.5%

=2508

So that adds up to 22572

So at the ending of 3rd year he has made a profit of

22572-19200

=3372

which in % is (3372/19200)*100

=17.5625%

Hope you understood a way to do it