Mayank does not keep proper records of his business, he gives you the following information: {:(," Rs."),("Opening Capital","1,00,000"),("Closing Capital","1,25,000"),("Drawing during the year"," 30,000"),("Capital added during the year"," 37,500"):} Calculate the profit of loss for the year.

Mayank does not keep proper records of his business, he gives you the

1.	Mayank does not keep proper records of his business, he gives you the following information: {:(," Rs."),("Opening Capital","1,00,000"),("Closing Capital","1,25,000"),("Drawing during the year"," 30,000"),("Capital added during the year"," 37,500"):} Calculate the profit of loss for the year.
Answer» <html><body><p><br/></p><a href="https://interviewquestions.tuteehub.com/tag/answer-15557" style="font-weight:bold;" target="_blank" title="Click to know more about ANSWER">ANSWER</a> :<a href="https://interviewquestions.tuteehub.com/tag/profit-1168589" style="font-weight:bold;" target="_blank" title="Click to know more about PROFIT">PROFIT</a> - <a href="https://interviewquestions.tuteehub.com/tag/rs-625947" style="font-weight:bold;" target="_blank" title="Click to know more about RS">RS</a>. 17,500.</body></html>

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Mayank does not keep proper records of his business, he gives you the following information: {:(," Rs."),("Opening Capital","1,00,000"),("Closing Capital","1,25,000"),("Drawing during the year"," 30,000"),("Capital added during the year"," 37,500"):} Calculate the profit of loss for the year.

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