The following information is available from Sachin, who maintains books of accounts on single entry system: 1st April, 2016 (₹) 31st March, 2017 (₹) Cash and Bank 20,000 21,000 Sundry Debtors 17,000 25,000 Stock 40,000 60,000 Furniture 29,000 29,000 Sundry Creditors 32,000 22,000 10% Loan from Mrs. Sachin 30,000 30,000 Sachin withdrew ₹ 5,000 from the business every month for meeting his household expenses. During the year, he sold investments held by him privately for ₹ 35,000 and invested the amount in his business.At the end of the year 2016-17, it was found that full year's interest on loan from Mrs. Sachin had not been paid. Depreciation 10% per annum was to be provided on furniture for the full year. Shop assistant was to be given a share of 5% on the profits ascertained before charging such share.Calculate profit earned during the year ended 31st March, 2017 by Sachin.