(a) Surender Mohan started business on 1st April, 2011 with Capital of Rs. 7,50,000 and a loan o...

(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 (b) If in the above case, the proprietor had introduced fresh capital of Rs. 40,000 and had withdrawn Rs. 10,000 for personal purposes, calculate his profits.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.

Y started a business on 1st Aptil, 2013 with a Capital of Rs. 2,00,000 and a loan of Rs.75,000 from the bank. During the year, he had introduced additional capital of Rs. 60,000 and had withdraw Rs.36,000 for personal purposes. On 31st March, 2014 his assets were Rs. 3,80,000. Find out his Capital as on 31st March, 2014 and profit earned during the year 2013-14.