ICSE Class 8 Answered
Mani bought shares for rs 25000 . The investment increased at the rate of 4 percent the first year ,then decreased at 5 percent in the scond year and during the third year again increased by 8 perceny .Find the amount at the end of the three year
Asked by Jypthishetty618 | 07 Mar, 2020, 08:42: AM
Expert Answer
Here, P = Rs. 25000,
4% of 25000 = Rs. 1000
P1 = 25000 + 100 = 26000
5% of 26000 = 1300
P2 = 26000 - 1300 = 24700
8% of 24700 = 1976
Amoount at the end of 3rd year is 24700 + 1976 = Rs. 26676
Answered by Yasmeen Khan | 09 Mar, 2020, 12:19: PM
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