i) Capital = ( opening capital + Extra capital introduced + net profit)
- Drawings.
= ( 170,000 + 52,000 + 5000) - 5000
= 227,000 – 5000
= 222,000
ii) Net profit ratio.
NPR = Net Profit/Sales x 100
Sales = Net profit + purchases
= 5,000 + 20,000 = 25,000
= N.P.R = 5000/25,000 x 100 = 20%
sharon kalunda answered the question on March 4, 2019 at 10:59
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