Question

0.29. Y started a business on 1st April, 2013 with a Capital of 2,00,000 and a
loan of 375,000 from the bank. During the year, he had introduced additional capital
of 60,000 and had withdrawn 36,000 for personal purposes. On 31st March, 2014
his assets were 33,80,000. Find out his Capital as on 31st March, 2014 and profit
earned during the year 2013-14.
[Ans. Closing Capital 33,05,000; Profit 81,000.1​

Answer 1

Answer:

Closing capital 33,05,000profit 81,000.1

Answer 2

hope its work , capital = 3, 05,000 and profit = 81,000