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Sharad started a business with an initial investment of 400000 rupees. 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 his net profit for the entire period of 3years. |
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Answer» Sharad started a business with an initial investment of 400000 rupees. 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 his net profit for the entire period of 3years. |
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