Question

Ajay started a business on 15 of April, 2019 with a capital of 5,00000 and a loan of Rs.
2,50,000 borrowed from his friend. During 2019-20, he had also introduced additional capital
of Rs. 2,50,000 and had withdrawn Rs. 1,50,000 for his personal use. On 31 march, 2020 his
assets were Rs. 15,00000. Find out his capital as on 31st march, 2020 and profit made or loss
suffered during the year 2019-20.​

Answer 1

Answer:

Ajay is the right answer

Explanation:

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