Following is the position statement of Md Irfan (who maintains his accounts in incomplete system) as on 31-03-2019 and 31-03-2020.
|Amount in Rs.||Amount in Rs.|
During 2019-20, he introduced Rs. 15,000 as new capital and withdrew Rs. 4,000 per month for his personal use. Ascertain his profit for the year ending 31-03-2020.