Question
A company’s revenue increased by 20% in the first year
and by 10% in the second year. If the revenue at the beginning of the first year was ₹1,00,000, what will be the revenue at the end of the second year?Solution
Revenue after first year = 1,00,000 * 1.20 = ₹1,20,000. Revenue after second year = 1,20,000 * 1.10 = ₹1,32,000.
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