Question

The profit of a firm were rs in 72000 in the year 2014 .during the next year it increases by the 7 % and it decreased by the 5 % in the following year. What are the profit of a firm after two years

Answer 1

$<marquee>sarika@_@$

$may-this-helps-you$

Answer 2

Answer:

Rs.73188

Step-by-step explanation:

Present value = Rs.72000

The next year it increases by the 7 %

Value in next year = $72000+\frac{7}{100} \times 72000$

                              = [tex]77040 [/tex]

It decreased by the 5 % in the following year.

Value in next year = [tex]77040 -\frac{5}{100} \times 77040 [/tex]

                              = $688788$

Hence the profit of a firm after two years is 73188