Ramchandra sells goods on hire purchase at cost plus 50%. From the following particulars relating to the hire purchase department find out the profit for the year ending 31st December, 2017 by following stockand debtors system (all figures in ₹):

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Jan 1. Stock with hire purchase customers at S.P. Stock at shop at cost Instalments due 4,500 Dec. 31 Cash received from customers Instalments due, customers paying 9,000 2,500 Goods repossessed (inst. due: 1,000) valued at Stock at shop at cost (exc. repossessed goods) Goods purchased during the year 30,000 4,500 250 10.000 30,000