Owner's capital means balance standing to the credit of Capital Account of the proprietor.
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Mohan started a business on $1^{\text {st }}$ April, $2018$ with a capital of $₹ 25,000$ and a loan of $₹ 12,500$ borrowed from Shyam. During $2018-19$ he had introduced additional capital of $₹ 12,500$ and had withdrawn $₹ 7,500$ for personal use. On $31^{\text {st }}$ March, $2019$ his assets were $₹ 75,000$ . Find out his capital as on $31^{\text {st }}$ March, $2019$ and profit made or loss incurred during the year $2018-19$.