In the first year on an investment of Rs 6,00,000 the loss is 5% and in the second year the gain is 10%, the net result is _________

Solution:

Loss on investment of Rs. 600,000 for the first year = 5% × 600,000

= Rs. 30,000

The net investment at the end of first year = Rs. 600,000 - Rs. 30,000

= Rs. 570,000

In the second year there is a gain of 10% on the investment = 10% × 570,000

= Rs. 57,000

Total gain in two years = Rs. 57,000 - Rs. 30,000 = Rs. 27,000.

Hence there is a net gain of Rs. 27000 on the investment of Rs. 600,000 in two years.

✦ Try this: In the first year on an investment of Rs 6,00,000 the gain is 10% and in the second year the loss is 5%, the net result is _________.

Gain on investment of Rs. 600,000 for the first year = 10% × 600,000

= Rs. 60,000

The net investment at the end of first year = Rs. 600,000 + Rs. 60,000

= Rs. 660,000

In the second year there is a loss of 5% on the investment = 5 % × 660,000

= Rs. 33,000

Total gain in two years = Rs. 60,000 - Rs. 33,000 = Rs. 27,000.

Hence there is a net gain of Rs. 27000 on the investment of Rs. 600,000 in two years.

☛ Also Check: NCERT Solutions for Class 8 Maths Chapter 8

NCERT Exemplar Class 8 Maths Chapter 9 Problem 36

In the first year on an investment of Rs 6,00,000 the loss is 5% and in the second year the gain is 10%, the net result is _________

Summary:

In the first year on an investment of Rs 6,00,000 the loss is 5% and in the second year the gain is 10%, the net result is Rs. 27000

☛ Related Questions:

• If amount on the principal of Rs 6,000 is written as 6000(1 + 5/100)³ and compound interest payable . . . .
• By selling an article for Rs 1,12,000 a girl gains 40%. The cost price of the article was _________
• The loss per cent on selling 140 geometry boxes at the loss of S.P. of 10 geometry boxes is equal to . . . .