Opening capital = 500000
Additional capital = 100000
Drawing = 200000
Closing capital = 800000
Find profit?
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FORMULA,
PROFIT/LOSS=DRAWING+CLOSING CAPITAL -(OPENING + ADDITIONAL CAPITAL)
PROFIT=200000+800000 - (500000+100000)
=1000000-6000000
400000
•PROFIT=400000
HOPE THIS WILL HELP YOU
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