The production of toys in a factory was 40,000 two years ago The production decreased by 3% in the first - Maths - Compound Interest

Question

The production of toys in a factory was 40,000 two years ago The
production decreased by 3% in the first year but increased by 5% in
the second year Find the present day production

Drishti Goel · Accepted Answer

The production of toys in a factory was 40,000 two years ago.The production decreased by 3% in the first year but increased by 5% in the second year. Find the present day production.