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A person has invested some amount in the stock market. At the end of the first year, the amount has grown by 25 percent profit.
A person has invested some amount in the stock market. At the end of the first year, the amount has grown by 25 percent profit. At the end of the second year, his principal has grown by 40 percent and in the third year, there was a decline of 20%. What is the average rate of increase of his investment during the three years?
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