SOLUTION: a businessman started a business with a capital of it 80000. his first year accumulated profit was 10% and second year profit was 20% what was the total amount after second year? a

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Question 977143: a businessman started a business with a capital of it 80000. his first year accumulated profit was 10% and second year profit was 20% what was the total amount after second year? answer
Answer by Cromlix(4381) About Me  (Show Source):
You can put this solution on YOUR website!
The businessman capital = 80000
10% of 80000 = 8000
Total (Capital + Profits) = 88000
20% of 88000 = 17600
New Total (Capital + 10% profit + 20% profit)
= 105600
Hope this helps:-)