Following balance is extracted from the books of a trader ascertain gross profit, operating profit and net profit for the year ended March 31, 2005.

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Particulars Sales Purchases Opening stock Sales return Purchases return Rent Stationary and printing Salaries Misc. expenses Travelling expenses Advertisement Commission paid Office expenses Wages Profit on sale of investment Depreciation Amount Rs. 75,250 32,250 7,600 1,250 250 300 250 3,000 200 500 1,800 150 1,600 2,600 500 800 Dividend on investment Loss on sale of old furniture Closing stock (March 31, 2005) valued at Rs. 8.000 2,500 300