Q. 365.0( 1 Vote )

# Fill in the blanks to make the statements true.In the first year on an investment of Rs 6,00,000 the loss is 5% and in the second year the gain is 10%, the net result is _________.

Investment amount = 7600000

In 1st year, the loss in 1st year = 5%

So, investment in 1st year = 600000 -

= 600000 – 30000

= 570000

In 2nd year, the gain is 10%.

So, net investment = 570000 +

= 570000 + 57000

= 627000

In the first year on an investment of Rs 6,00,000 the loss is 5% and in the second year the gain is 10%, the net result is ₹627000.

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