Sourav invested in the ₹ 5 3/5 lakhs in a business and earned a profit of ₹ 7 1/4 thousand. What is the capital available for expenditures
Answers
capital available for expenditures = ₹ 567250
Step-by-step explanation:
given data
Sourav invested = ₹ 5 3/5 = 5.6 lakhs
profit earn = ₹ 7 1/4 = 7.25 thousand = 0.0725 lakhs
to find out
capital available for expenditures
solution
we get here capital available for expenditures that is express as
capital available for expenditures = amount invested + profit ............1
put here value and we get
capital available for expenditures = 5.6 lakhs
capital available for expenditures = 0.0725 lakhs
capital available for expenditures = 5.6725 lakhs
capital available for expenditures = ₹ 567250
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capital available for expenditures
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Answer:
capital available for expenditure
is Rs 567520