A starts a business and invests $₹ 50,000$ on $1^{st}$ April, $2018$. On $31^{st}$ March, $2019$ his assets are $₹ 65,000$ and liabilities are $₹ 6,000$. Find out the amount of capital on $31^{st}$ March, $2019$ and his profit.
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Capital = Assets - Liabilities
$= 65,000 - 6,000$
$= 59,000$
Profits = Closing Capital - Opening Capital
$= 59,000 - 50,000$
$= 9,000$
$= 65,000 - 6,000$
$= 59,000$
Profits = Closing Capital - Opening Capital
$= 59,000 - 50,000$
$= 9,000$
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