Question

mohan started business on 1st jan with capital of RS 1,50,000 and loan of RS 40,000 taken from pnb .On 31stdec 2016 his assets we're rs 3,00,000.Find out his capital on 31st December and profit made ​

Answer 1

Answer: opening capital is RS 150000

Closing capital = assets - liabilities

= 300000 - 40000

= Rs 260000

Profit = Closing capital - opening capital

= 260000 - 150000

= Rs 110000

Explanation: I hope it will help you!

Answer 2

Answer:

###jatti

Explanation:

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