Given:Capital at start.......................₦3250Capital at close ......................₦6250Additional capital during the period...₦1000 Calculate the pro...

Answer Details

To calculate the profit or loss, we need to subtract the total capital invested from the final capital at close. Total capital invested = Capital at start + Additional capital during the period Total capital invested = ₦3250 + ₦1000 = ₦4250 Profit or loss = Capital at close - Total capital invested Profit or loss = ₦6250 - ₦4250 = ₦2000 Since the result is a positive value, the answer is ₦2000 profit.