We know that we are solving for y.
This is a step by step procedure to get the value of y.
First: Move all terms to the left side and set equal to
zero.
Second: Then set each factor equal to zero.
The application is:
Given: py+7=6y+q
-6y -7 -6y -7 = 0
(p-6)y = q-7
divide both sides by p-6
y=(q-7)/(p-6)
Answer is y = (q – 7) / (p – 6)

In case there is no double entry system is followed, profit can be calculated by comparing the opening and closing capital. In the given situation this can be calculated as:
Opening Capital Rs.200000
Add: Capital Introduced Rs.200000
Add: Profit for the year Rs. 250000
Less: Loss for the year Rs.NIL
Less: Drawings Rs. 30000
--------------------
Capital at the end of the year Rs.620000
-------------------
Loan taken is a liability and loan given is asset, that will not affect the capital.
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Answer:
1.7030973451327434
Step-by-step explanation:
Answer:
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Step-by-step explanation:
