Q172.Direction of the question: Solve the following question and mark the best possible option.
Raj invested Rs. 10000 in a fund. At the end of first year, he incurred a loss but his balance was more than Rs. 5000. This balance, when invested for another year, grew and the percentage of growth in the second year was five times the percentage of loss in the first year. If the gain of Raj from the initial investment over the two year period is 35%, then the percentage of loss in the first year is
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Q172
28 Nov 2021
Q172.Direction of the question: Solve the following question and mark the best possible option.
Raj invested Rs. 10000 in a fund. At the end of first year, he incurred a loss but his balance was more than Rs. 5000. This balance, when invested for another year, grew and the percentage of growth in the second year was five times the percentage of loss in the first year. If the gain of Raj from the initial investment over the two year period is 35%, then the percentage of loss in the first year is
