A shopkeeper’s earning increases by 25% in first year but decreases by 4% in the next and so on. After 5 years his total earnings would be Rs. 72,000. What is his present earning?

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Accepted Answer

Let his present earnings be Rs. p ATQ, (125/100) x (96/100) x (125/100) x (96/100) x (125/100) x p = 72000 p = Rs. 40,000.

A shopkeeper’s earning increases by 25% in first year but decreases by 4% in the next and so on. After 5 years his total earnings would be Rs. 72,000. What is his present earning?

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