Shrutika narvekar Asked a Question
January 29, 2021 10:31 pmpts 30 pts
Q.4) The cumulative profits ofa company since its inception are shown in the diagram. If the net worth of the company at the end of 4" year is 99 crores, then what was the principal it had started with? 2 3 4 Years since inception
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  • Anuj s. thankyou
    Profit At 1st year 5% 2nd year 7% 3rd year 10% 4th year 10% let principal=p p * (1 + 5/100) * (1 + 7/100) * (1 + 10/100) * (1 + 10/100) = 990000000 => p = 73 crores (app.)
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