. Opening capital Rs 20000 Closing Capital

Rs 10,000, Profit during the year Rs. 5,000, Additional Capital introduced Rs. 1,000, Drawings will be .

A: Rs. 16,000

B: Rs. 18,000

C: Rs. 23,000

D: Rs. 25,000


Best Answer


The amount of drawings can be calculated by adding opening capital, profit and additional

capital and then subtracting the amount of closing capital from the resulting figure. 

The amount of drawings are:

Drawings = Opening capital + Profit + Additional Capital -Closing Capital




Final answer:

Hence, the correct answer is option A: Rs. 16,000.


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