MCQOPTIONS
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| 1. |
If opening capital is Rs.5,000; closing capital - Rs.7,000; drawings - Rs.1,000 and additional capital introduced during the year is Rs.500; then, the amount of profit made would amounted to |
| A. | Rs.1,500 |
| B. | Rs.2,500 |
| C. | Rs.2,000 |
| D. | Rs.3,000 |
| Answer» C. Rs.2,000 | |