2. The Capital of Shyamal on 1st April, 2015 was
1,18,700 and on 31st March, 2016 was 7 1,19,200. He further
informs that during the year he gave a loan of 13,500 to his sister on private account and withdrew 1,300 per
month for personal use. He also paid house rent at the rate of 1,100 per month and electricity charges at the
per month from the business. During the year he sold his 7% Government Bonds of 12,000 at 2%
rate of invested the amount in the business. Calculate the profit/loss of the business.

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