From the following details estimate the capital as on 31.03.2017. Capital as on 01.04.2016 - `4,10,000. Drawings `40,000, Profit during the year ` 50,000

Name: From the following details estimate the capital as on 31.03.2017. Capital as on 01.04.2016 - `4,10,000. Drawings `40,000, Profit during the year ` 50,000
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The capital at the end of the year is calculated as: Initial Capital + Profit - Drawings = 4,10,000 + 50,000 - 40,000 = 4,20,000.

From the Following Details Estimate the Capital as on 31