Question

The profit of a company increases by 10% in 1st quarter, decreases by 10% in 2nd increases by 20% in 3rd quarter. Profit of 4th quarter decreases by 20%. If the profit at the beginning i 500 crores. Find the profit at the end of the year. .​

Answer 1

Answer:

Rs.484.8 crore

Step-by-step explanation:

Profit at the beginning of First quarter = Rs. 500 crore

Profit at First quarter = +10%  = 500×(10/100) = Rs. 50 crore

Net profit at the end of first quarter = Rs. 550 crore

 

Profit at second quarter = -10% = 550×(10/100) = Rs. 55 crore

Net profit at the end of second quarter = Rs.505 crore

 

Profit at third quarter = 20% = 505×(20/100) = Rs. 101 crore

Net profit at the end of third quarter = Rs.606 crore

 

Profit at fourth quarter = -20% = 606×(20/100) = Rs. 121.2 crore

Net profit at the end of fourth quarter or at the end of year = Rs.484.8 crore