Calculation Of Profit And Loss

Following information is given below : calculate the closing capital Calculation of profit or loss and ascertainment of statement of affairs at the end of the year (Opening Balance is given)

Mr. Arnav does not keep proper records of his business he provided following information, you are required to prepare a statement showing the profit or loss for the year. Ascertainment of statement of affairs at the beginning and at the end of the year and calculation of profit or loss.

Statement Of Profit And Loss Ratios

Profit and loss part-2

Calculate the profit or loss and profit or loss percent in each of the following cases: (i) C.P.= Rs 4560, S.P.= Rs 5000 (ii) C.P.= Rs 2600, S.P.= Rs 2470

Calculate the profit or loss and profit or loss percent in each of the following cases: (i) C.P.= Rs 332, S.P.= Rs 350 (ii) C.P.= Rs 1500, S.P.= Rs 1500

Calculate the profit or loss and profit or loss percent in each of the following cases: (i) C.P.= Rs 4560, S.P.= Rs 5000 (ii) C.P.= Rs 2600, S.P.= Rs 2470

Calculate the profit or loss and profit or loss percent in each of the following cases: (i) C.P.= Rs 332, S.P.= Rs 350 (ii) C.P.= Rs 1500, S.P.= Rs 1500