InterviewSolution
Saved Bookmarks
| 1. |
A businessman, had income in the year 1995 such that he earned a profit of 20%on his investment in the business. In the year 1996 his investment was less by Rs. 5000 but still had the same income (Income = Investment + profit) as that in 1995. Thus the percent profitearned in 1996 increased by 26% . What was his investment in 1995? |
|
Answer» |
|