CBSE Class 8 Answered
the profit of a company is increases by 10%in 1st quater,decreases by 10% in second quater and again increases by 20% in 3rd quater . profit of 4th quater decreases by 20% if the profit at athe beginning is 500 crores. find the profit at the end of year. how to solve
Asked by vaibhavsharma1304 | 22 Feb, 2019, 03:54: PM
Expert Answer
Profit at the beginning of First quarter = Rs. 500 crore
Profit at First quarter = +10% = 500×(10/100) = Rs. 50 crore
Net profit at the end of first quarter = Rs. 550 crore
Profit at second quarter = -10% = 550×(10/100) = Rs. 55 crore
Net profit at the end of second quarter = Rs.505 crore
Profit at third quarter = 20% = 505×(20/100) = Rs. 101 crore
Net profit at the end of third quarter = Rs.606 crore
Profit at fourth quarter = -20% = 606×(20/100) = Rs. 121.2 crore
Net profit at the end of fourth quarter or at the end of year = Rs.484.8 crore
Answered by Thiyagarajan K | 22 Feb, 2019, 04:14: PM
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