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Vidya started a business with initial investment of 500000. She incurred a loss of 2% in the first year and in the second year she gained the profit of 10%. Calculate her net profit earned.

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MCQs on ratios and percentages, finding discounts and percentage, percentage estimations, profit and loss, sales tax or value added tax, compound interest, compound interest rates annually and compound interest formula applications.


Vidya started a business with initial investment of 500000. She incurred a loss of 2% in the first year and in the second year she gained the profit of 10%. Calculate her net profit earned.






 
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