Given:
Capital at start…………………..N3250
Capital at close ………………….N6250
Additional capital during the period…N1000
Calculate the profit or loss?
A N8500 profit
B N2000 loss
C N2000 profit
D N8500 loss
Answer is C
Tutors, Past Questions and Projects.
Given:
Capital at start…………………..N3250
Capital at close ………………….N6250
Additional capital during the period…N1000
Calculate the profit or loss?
A N8500 profit
B N2000 loss
C N2000 profit
D N8500 loss
Answer is C