(a) A starts a business and invests ` 50,000 on January 1, 2005. On December 31, 2005, his assets are ` 65,000 and liabilities are ` 6000. Find out the amount of capital on December 31, 2005. Also find out his profit.

(b) In respect of the above, if the proprietor had invested ` 5000 as additional capital and withdrawn ` 2000, what will be your answer?

(c) If A had withdrawn from his business 3000 for personal use, find out the profit in thiscase.