Mohan maintains books on Single Entry System. He gives you the following information:
Capital on 1st April, 2017 – Rs 15,200
Capital on 31st March, 2018 – Rs. 16,900
Drawings made during the year – 4,800
Capital introduced on 1st August, 2017 – 2,000
You are required to calculat the Profit or Loss made by Mohan.
