Mathematics
Mahindra set up a factory by investing ₹2500000. During the first two years, his profits were 5% and 10% respectively. If each year the profit was on previous year's capital, calculate his total profit.
Related Questions
A factory increased its production of cars from 80000 in the year 2011-2012 to 92610 in 2014-2015. Find the annual rate of growth of production of cars.
The value of a machine worth ₹500000 is depreciating at the rate of 10% every year. In how many years will its value be reduced to ₹364500?
The value of a property is increasing at the rate of 25% every year. By what percent will the value of the property increase after 3 years?
Mr. Durani bought a plot of land for ₹180000 and a car for ₹320000 at the same time. The value of the plot of land grows uniformly at the rate of 30% p.a., while the value of the car depreciates by 20% in the first year and by 15% p.a. thereafter. If he sells the plot of land as well as the car after 3 years, what will be his profit or loss?