English, asked by sarikakodag2002, 1 month ago

Capital on 1st April, 2019 Rs. 70,000. Capital on 31st March Rs. 2020 Rs. 1,00,000. Drawing Rs. 20,000. How much is the profit earned?

Answers

Answered by PearlDD

0

Answer:

Profit= 9,10,000

Explanation:

Working Note:

Closing Capital= 1,00,000

less Drawings- 20,000

Total= 9,80,000

Less Opening Captial- 70,000

Profit Earned= 9,10,000

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