Y started business on 1st April 2018 with the capital of rupees 1,10,000 and took loan from bank for rupees 40000. At the end of the year on 31st March 2019, his assets were for 2,50,000 creditors for Rs 70,000 and has not been paid so far, however, interest on loan has been paid. Find the closing capital and Profit earned during the year
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answer : 200000000rs is left with him.
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