Question

X started a business on 1st april,2013 sith capital of rupees 1,00,000 and a loan of ruppess 50,000from bank.On the 31at march,2014 his assets were ruppess 1,75,000.Find out his capital on 31st march,2014 and profit earned during the year 2013 to 2014 .

Answer 1

profit 25000
capital 125000