Opening capital = Rs.5,00,000 Drawings = Rs.1,20,00Assets = Rs.8,500 Liabilities =Rs.75,00 Closing Capital & Profit will be Rs._

• A. 8,50,000 & 3,95,000
• B. 7,75,000 & 3,95,000
• C. 7,75,000 & 1,55,000
• D. 8,50,000 & 3,55,000