Question
A company’s revenue increases by 20% in the first
year, decreases by 10% in the second year, and increases by 25% in the third year. If the revenue at the beginning was ₹1,00,000, what will it be at the end of the third year?Solution
First year = 1,00,000 × 1.2 = ₹1,20,000. Second year = 1,20,000 × 0.9 = ₹1,08,000. Third year = 1,08,000 × 1.25 = ₹1,35,000. Correct option: d
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