Question

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

Answer 1

so the profit after two years=(1-5/100)×(1+7/100)×72000
19/20×107/100×72000
19/20×107×720
19×107×36
73188

Answer 2

Answer:

Profit of firm after 2 years

=p(1+a/100)(1-b/100)

=72000(1+7/100)(1-5/100)

=72000×107/100×95/100

=36×107×19

=₹73188