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if a sales man gets successive gain of 15% and 20% then his actual gain?

if a sales man gets successive gain of 15% and 20% then his actual gain?

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1 Answers

AKASH GOYAL AskiitiansExpert-IITD
420 Points
13 years ago

Dear Hemant

initial amount be 100

after first gain=115

on next gain=115+115*0.2=138

net gain 38%

 

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AKASH GOYAL

AskiitiansExpert-IIT Delhi

 

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