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 _________.

Answer :

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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