Saved Bookmarks
| 1. |
Satish open the bookshop with an initial investment of rupees 160000 in the first year incurred a loss of 5% however during the second year he earned a profit of 10% which in the third year rose to 12.5%. calculate his net profit for the entire period |
|
Answer» Step-by-step explanation:ashish open a bookshop with an initial investment of rs.32000. in the first year,he incurred a loss of 5%. however during the SECOND year he earned a profit of 10% which in the third year rose to 12 1/2%.The net profit for the entire period of three YEARS is Rs 5620 Initial investment (Cost Price) = Rs 32000 After 1st year, 5% loss is suffered. So, the Selling Price would have been = (100-5)% on Rs 32000 = 95% on Rs 32000 = Rs 30400 After 2nd year, 10% profit is earned. So, the Selling Price would be = (100+10)% on Rs 30400 = 110% on Rs 30400 = Rs 33440 After 3rd year, 12.5% profit is earned. So, the Selling Price would be = (100+12.5)% on Rs 33440 = 112.5% on Rs 33440 = Rs 37620 Thus the profit earned = SP - CP = Rs (37620 - 32000) = Rs 5620 So, the net profit earned in a period of 3 years is Rs 5620 Read more on Brainly.in - brainly.in/question/2495961#readmore
|
|