Question

Q6.Mr.A started business of stationery with a capital of

Rs.8,00,000. Out of this he purchased stock of notebooks for Rs.4,00,000: Furniture Rs.50,000:Rs.30.000 for Computer; and remaining amount he deposited in the bank. He sold some notebooks costing Rs.5000 @ 30 % profit. His total Current assets in the beginning and profit will be- Rs. (Choose the correct option)

1,00,000 and 1,500

8,80,000 and 6,500

7,20,000 and 1,500

4,00,000 and 6,500

Other​

Answer 1

Explanation:

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