Manveer started his business on April 01, 2016 with a capital of Rs 4,50,000. On march 31, 2017 his position was as under.
Cash = Rs 99,000
Bills receivable = Rs 75,000
Plant = Rs 48,000
Land and Building = Rs 1,80,000
Furniture = Rs 50,000
He owned Rs 45,000 from his friend Susheel on that date. He withdrew Rs 8,000 per month for his household purposes. Ascertain his profit or loss for this year ended March 31, 2017

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 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.

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.

Mrs.Anu started firm with a capital of Rs 4,00,000 on 1st October. 2016. She borrowed from her friends a sum of Rs 1,00,000 @ 10% per annum (interest paid) for business and brought a further amount to capital Rs 75,000 on March 31, 2017, her position was : Cash = Rs 30,000 Stock = Rs 4,70,000 Debtors = 3,50,000 Creditors = Rs 3,00,000 He withdrew Rs 8,000 per month for the year. Calculate profit or loss for the year and show your working clearly.

Compute the amount of total purchases and total sales of Mr. Amit from the following information for the year ending on March 31, 2017. Total debtors as on April 01, 2016 = Rs40,000 Total creditors as on April 01, 2016 = Rs 50,000 Bills receivable as on April 01, 2016 = Rs 30,000 Bills payable as on April 01, 2016 = Rs 45,000 Discount received = Rs 5,000 Bad debts = Rs 2,000 Return inwards =Rs 4,000 Discount allowed =Rs 3,000 Cash sales = Rs 10,000 Cash purchases = Rs 8,000 Total debtors as on March 31, 2017 = Rs 80,000 Cash received from debtors = Rs 1,00,000 Cash paid to creditors = Rs 80,000 Cash received against bills receivable = Rs 25,000 Payment made against bills receivable = Rs 40,000 Total creditors as on March 31, 2017 = Rs 40,000 Bills payable as on March 31, 2017 = Rs 50,000 Bills receivable as on March 31, 2017 = Rs 35,000

The amount of Rs 25,000 at 8% per annum for 6 years under simple interest is (a) Rs 35,000 (b) Rs 37,000 (c) Rs 45,000 (d) Rs 47,000