Question

Question 3 Determining profit from equity balances
Equity balances for Sen Widyaya appearing in the balance sheets of Widyaya's Window
Washing Services as at 30 June 2019, 2018 and 2017 are set out below.
30 June 2019
3 0 June 2018
30 June 2017
EQUITY
Sen Widyaya, Capital
$27300
$30 000
$28 000
During 2017-18, Sen withdrew $25 000 for personal use and also contributed additional
capital of $8000. During 2018-19, he withdrew $10 000 capital from the business, and
withdrew $15 000 cash for his own use in anticipation of profits.
Required
Determine the profit/loss earned by the business in each of the 2 years ended 30 June 2019
and 30 June 2018​

Answer 1

I don't know whether its profit or loss the percentage will be 11%