Mathematics · Accounting Calculations
The opening capital is ₹50,000, drawings are ₹5,000, additional capital introduced during the year is ₹10,000, and closing capital is ₹80,000. What is the net profit earned during the year?
- 1₹35,000
- 2₹25,000✓
- 3₹20,000
- 4₹15,000
Correct answer
₹25,000
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