If closing capital is Rs.30000 and profit is Rs.5000; opening capital was Rs. ____________.

35000

No worries! We‘ve got your back. Try BYJU‘S free classes today!

30000

No worries! We‘ve got your back. Try BYJU‘S free classes today!

25000

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

15000

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C 25000
Profit = Closing capital - Opening capital
i.e 5,000 = 30,000 - Opening capital
i.e Opening Capital = 30000 - 5000 = 25,000

Suggest Corrections

Similar questions

Q. If opening capital is Rs. 40000, closing capital is Rs. 90000, withdrawal is Rs. 5000 and additional capital brought in is Rs. 10000, profit is Rs. ____________.

A car worth Rs. 80,000 was brought into the business by Minesh during the year. Also, Rs. 20,000 was withdrawn during the year. If closing capital is Rs. 1,00,000, what shall be the opening capital?

Q. If the opening capital is Rs.80000, closing capital is Rs.180000, withdrawals are Rs.10000 and additional capital brought in is Rs.20000 the profit will be Rs.________________.

Closing capital= Rs. 2,00,000, Profit = Rs. 50,000, Drawings = Rs. 5,000, what will be the opening capital ?

Drawings Rs 15,000, profit for the year Rs 25,000, closing capital Rs 70,000. Calculate the opening capital.

Join BYJU'S Learning Program

If closing capital is Rs.30000 and profit is Rs.5000; opening capital was Rs. ____________.

The correct option is C 25000Profit = Closing capital - Opening capitali.e 5,000 = 30,000 - Opening capitali.e Opening Capital = 30000 - 5000 = 25,000

The correct option is C 25000
Profit = Closing capital - Opening capital
i.e 5,000 = 30,000 - Opening capital
i.e Opening Capital = 30000 - 5000 = 25,000