When capital at Jan. 01 Rs. 19,400, capital at December 31 Rs. 21,500, drawings Rs. 4,300

When capital at Jan. 01 Rs. 19,400, capital at December 31 Rs. 21,500, drawings Rs. 4,300. What is the amount of
profit or loss?
(A) Rs. 2,200 (profit)
(B) Rs. 2,200 (loss)
(C) Rs. 6,400 (profit)
(D) Rs. 6,400 (loss)

Anurag Mishra Professor Asked on 14th July 2016 in Maths.
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    Answer: (C) Rs. 6,400 (profit)  

    Anurag Mishra Professor Answered on 14th July 2016.
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