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Vijay inherited huge wealth from his father and by establishing a soft drinks company, he squared his wealth. He started a company which manufactures airplane toys and incurred huge losses amounting to k (>0) times the wealth he inherited from his father. His total assets now stand at debt of Rs. 4 crore. For what value of k is this scenario possible? |
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Answer» Vijay inherited huge wealth from his father and by establishing a soft drinks company, he squared his wealth. He started a company which manufactures airplane toys and incurred huge losses amounting to k (>0) times the wealth he inherited from his father. His total assets now stand at debt of Rs. 4 crore. For what value of k is this scenario possible? |
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