XYZ Associates in not maintaining full-fledged accounts on double entry system basis. From the following details estimate the profit made by XYZ Associates during 2013−14 _____________.
Capital as on 1−4−2013 Rs. 80,000
Capital added during the year Rs. 20,000
Drawing during the year Rs. 35,000
Capital as on 31−3−2014 Rs. 1,25,000.