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Ashish started the business with an initial investment of Rs. 500000. In the first year, he incurred a loss of 4%. However, during the second year he earned a profit of 5% which in third year, rose to 10%. Calculate the net profit for the entire period of 3 years. |
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Answer» Ashish started the business with an initial investment of Rs. 500000. In the first year, he incurred a loss of 4%. However, during the second year he earned a profit of 5% which in third year, rose to 10%. Calculate the net profit for the entire period of 3 years. |
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