Question

Yogesh commenced business on 1st April, 2011 with a Capital of ₹ 5,00,000 and a loan of ₹

1,00,000 borrowed from State Bank of India. On 31st March, 2012, his assets were ₹ 8,00,000. Calculate

his closing capital and profits earned during the year.
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Answer 1

Answer:

your answer is given in above mentioned image

Answer 2

Answer:

(◕ᴗ◕✿)(◕ᴗ◕✿)(◕ᴗ◕✿)(◕ᴗ◕✿)see the attachment