Opening Capital $=$ Rs. $5, 00, 000$
Profits during the year $=$ Rs. $1, 00, 000$
Calculate the Average Capital of the year.

Rs.

55, 000

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Rs.

5, 50, 000

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Rs.

9, 167

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Rs.

50, 000

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Solution

The correct option is D Rs. $5, 50, 000$
Average capital = opening capital + Closing capital( WN 1)
------------------------------------------------
2
= 5,00,000 + 6,00,000
----------------------------------
2
= Rs-5,50,000
Working note : -
1) Closing capital = Opening capital + Profit earned
= 5,00,000 + 1,00,000
= 6,00,000

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Opening Capital =Rs. 5,00,000Profits during the year =Rs. 1,00,000Calculate the Average Capital of the year.

Opening Capital $=$ Rs. $5, 00, 000$
Profits during the year $=$ Rs. $1, 00, 000$
Calculate the Average Capital of the year.