Umesh set up a small factory by investing rupees 40000 during the first three successive years his profit of 5% 10% and 15% respectively if each of the profit was on previous years capital calculate his total profit.
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Initial Investment = 40000 Rupees
profit on it = 5% ⇒ 5% * 40000 ⇒ 2000
Total return = 40000+2000= 42000 Rupees (1st Year)
Similarly 10 % profit in 2nd year gives 10% * 42000 = 4200 Rupees
Total = 42000+4200 =46200
Now Finally in third year 15% * 46200 =6930 Rupees
Total Return After Three Years = 46200 +6930 =53130 Rupees3
Hope It Helps , If Further Doubt Prevails Ask.
profit on it = 5% ⇒ 5% * 40000 ⇒ 2000
Total return = 40000+2000= 42000 Rupees (1st Year)
Similarly 10 % profit in 2nd year gives 10% * 42000 = 4200 Rupees
Total = 42000+4200 =46200
Now Finally in third year 15% * 46200 =6930 Rupees
Total Return After Three Years = 46200 +6930 =53130 Rupees3
Hope It Helps , If Further Doubt Prevails Ask.
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