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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
answered-by-expert 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
 

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