04 Mar
2016
Math Tuition Singapore – Interest Rate
Math Tuition Singapore – Interest Rate
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A company invested $ x in a business venture and made a profit of 30% amounting to $72,000. This profit is 20% more compared to the previous year’s profit. Calculate |
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(i) the value of x,
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( ii) the profit in the previous year.
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Answer: (i) x = 240000 (ii) $60000
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