The opening balance of equity as on 1.4.23 is 150,000. Capital introduced during the year...

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Accounting

The opening balance of equity as on 1.4.23 is 150,000. Capital introduced during the year 25,000. The firm distributed a dividend of 15,000 during the year. The closing balance of equity as on 31.3.24 is 200,000. What is the amount of profit earned by the company during the year?
60,000
40,000
55,000
75,000

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