[" 02.(a) Yogesh commenced business on Ist April,"2011" with a Capital of "],[75,00,000" and a loan of " 1,00,000" borowed from Cit Bank On "31" st March,"2012,66],[" assets were "₹8,00,000" .Calculate his closing capital and profits eamed during the yeat."],[(b)" If in the above case,the proprictor had introduced fresh capital of "₹40,0000000],[" had withdraith "₹10,000" for personal purpases,calculate his profits."]

(a) Yogesh commenced business on 1st April, 2011 with a Capital of Rs. 5,00,000 and a loan of Rs. 1,00,000 borrowed from Citi Bank . On 31st March, 2012 , his assets were Rs. 8,00,000. Calculate his closing capital and profits earned during the year. (b) If in the above case, the proprietor had introduced fresh capital of Rs. 40,000 and had withdrawn Rs. 10,000 for personal purposes, calculate his profits.

X started a business on 1st April , 2013 with a Capital of Rs. 1,00,000 and a loan of Rs. 50,000 from the bank. On 31st March, 2014, his assets were Rs. 1,75,000. Find out his Capital as on 31st March, 2014 and profit earned during the year 2013-14.

(a) Surender Mohan started business on 1st April, 2011 with Capital of Rs. 7,50,000 and a loan of Rs. 2,00,000 taken from Punjab National Bank. On 31 st March, 2012 his assets were Rs.15,00,000. Find out his Capital on 31st March, 2012 and profit made or losses incurred during the year 2011-12. (b) If in the above illustration, the proprietor had introduced additional capital of Rs. 1,25,000 and had withdrawn Rs. 40,000 for personal purposes, find out the profit.

A commenced business on 1st April,2011 with a Capital of Rs. 5,00,000. On 31st March, 2012, hisn assets were worth Rs. 7,80,000 and liabilities Rs. 70,000. Find out his closing capital and profits earned during the year.

X' commenced business on 1st April, 2013 with a capital of Rs.6,00,000. On 31st March, 2014 his assets were worth Rs. 8,00,000 and liabilities Rs. 50,000. Find out his closing capital and profits earned during the year.

A' commenced his cloth business on 1st April, 2011 with a capital of Rs. 3,00,000. On 31st March, 2012 his assets were worth Rs. 5,00,000 and liabilities Rs. 1,00,000. Find out his closing capital and profits earned during the year.