A businessman invested R200,000 at the beginning of a trading cycle, and made a profit of R50,000 after the first year. He desires to increase his profit by 50% the following year. Assuming that he is re-investing the whole of his original capital and his profit, use feedback principles to determine: 2.1 gross output at the end of the first year: [2] 2.2 forward gain for the first year in the absence of feedback; 2.3 gross output after the second year; 3] 2.4 feedback ratio for the businessman; (31 2.5 gross output and profit for the third year, assuming that the forward gain and [5] the feedback ratio remains the same