Following information is supplied to you by a shopkeeper: Particulars 1st April, 2017 (₹) 31st March, 2018 (₹) Cash ................................................................................ 6,000 7,000 Sundry Debtors ................................................................................ 68,000 64,000 Stock ................................................................................ 59,000 87,000 Furniture ................................................................................ 15,000 13,500 Sundry Creditors ................................................................................ 20,000 18,000 Bills Payable ................................................................................ 15,000 11,000 During the year, he withdrew ₹ 2,500 per month for dometstic purposes. He also borrowed from a friend at 9% a sum of ₹ 20,000 on 1st October, 2017. He has not yet paid the interest. A provision of 5% on debotrs for doubtful debts is to be made.Ascertain the profit or loss made by him during the period.