Answer:
<em><u>Option A </u></em>will be your answer
Step-by-step explanation:
<em><u>hope it helps </u></em><em><u>.</u></em><em><u>.</u></em>
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It was 6 each because 1,260 divided by 210 is 6 and PLEASE MARK BRAINLIEST
A.
Because in mathematics, a geometric progression, also known as a geometric sequence, is a sequence of non-zero numbers where each term after the first is found by multiplying the previous one by a fixed, non-zero number called the common ratio.
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
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Capital at the end of the year Rs.620000
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Loan taken is a liability and loan given is asset, that will not affect the capital.
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