On 31st March, 2018 , the total assets and external liabilities were ₹ 2,00,000 and ₹ 6,000 respectively . During the year, the proprietor had introduced capital of ₹ 20,000 and withdrawn ₹ 12,000 for personal use . He made a profit of ₹ 20,000 during the year. Calculate the capital as on 1st April, 2017.

On 31st March, 2018 , the total assets and external liabilities were �

1.	On 31st March, 2018 , the total assets and external liabilities were ₹ 2,00,000 and ₹ 6,000 respectively . During the year, the proprietor had introduced capital of ₹ 20,000 and withdrawn ₹ 12,000 for personal use . He made a profit of ₹ 20,000 during the year. Calculate the capital as on 1st April, 2017.
Answer» On 31st March, 2018 , the total assets and external liabilities were ₹ 2,00,000 and ₹ 6,000 respectively . During the year, the proprietor had introduced capital of ₹ 20,000 and withdrawn ₹ 12,000 for personal use . He made a profit of ₹ 20,000 during the year. Calculate the capital as on 1st April, 2017.