Started business whit cash Rs 250000 and Machinery Rs 200000
Accounting equation

In case there is no double entry system is followed, profit can be calculated by comparing the opening and closing capital. In the given situation this can be calculated as:

Opening Capital Rs.200000

Add: Capital Introduced Rs.200000

Add: Profit for the year Rs. 250000

Less: Loss for the year Rs.NIL

Less: Drawings Rs. 30000

--------------------

Capital at the end of the year Rs.620000

-------------------

Loan taken is a liability and loan given is asset, that will not affect the capital.

The solution to the inequality may be obtained as follows:

|

3

x

−

4

|

+

6

<

10

|

3

x

−

4

|

<

4

[

Subtract 6 from both sides

]

The expression inside the absolute value sign can either be a positive or a negative value.

For positive value:

(

3

x

−

4

)

<

4

3

x

<

8

[

Add 4 to both sides

]

x

<

8

3

[

Divide both sides by 3

]

For negative value:

−

(

3

x

−

4

)

<

4

−

3

x

+

4

<

4

−

3

x

<

0

[

Subtract 4 from both sides

]

x

>

0

[

Divide both sides by -3 and flip the inequality sign

Step-by-step explanation: