The profits of a firm were Rs. 72000 in the year 2005. during the next year,it increased by 7% and it decreased by 5% in the following year. what are the profits of the firm after 2 years?
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Answered by
1
Given that the profit of the firm in 2005 was 72000.
Given that During the next year that means in 2006 it increased by 7%.
Profit of the firm in 2006 = 72000 + 7/100 * 72000
= 77040.
Given that During the next year that means in 2007 it decreased by 5%.
Profit of the firm in 2007 = 77040 - 5/100 * 77040
= 73188.
Therefore the profit of the firm after 2 years = 73188 - 72000
= 1188.
Hope this helps!
Given that During the next year that means in 2006 it increased by 7%.
Profit of the firm in 2006 = 72000 + 7/100 * 72000
= 77040.
Given that During the next year that means in 2007 it decreased by 5%.
Profit of the firm in 2007 = 77040 - 5/100 * 77040
= 73188.
Therefore the profit of the firm after 2 years = 73188 - 72000
= 1188.
Hope this helps!
NIKHILSIMHA:
73188
Yes
Answered by
0
year 2006=7/100X72000
=5040+72000=77040
year 2007= 5/100X77040
=77040-3602
so, decrease amount=73438
=5040+72000=77040
year 2007= 5/100X77040
=77040-3602
so, decrease amount=73438
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