A trader does not keep a complete set of books and provides the following information-
He started business on 1^st June, 2004 with Rs. 10,000. He made withdrawals at the rate of Rs. 500 per month during the last 6 months. During the year, a further capital of Rs. 2,000 was invested. His total assets as on 31^st December, 2004 were Rs. 23,700, his creditors were Rs. 3,000 on the same date and unpaid expenses were Rs. 500 then his net profit would be-

To determine the net profit, we need to calculate the capital at the end of the year and then subtract the initial capital and any additional investments made during the year. The net profit is the difference between the total assets and the liabilities.

Given information:
Starting capital on 1st June, 2004: Rs. 10,000
Withdrawals: Rs. 500 per month for the last 6 months (June to December) = Rs. 500 * 6 = Rs. 3,000
Additional capital investment: Rs. 2,000
Total assets as on 31st December, 2004: Rs. 23,700
Creditors: Rs. 3,000
Unpaid expenses: Rs. 500

Calculating the capital at the end of the year:
Starting capital: Rs. 10,000
Addition capital investment: Rs. 2,000
Total withdrawals: Rs. 3,000
Capital at the end of the year = Starting capital + Additional investment - Total withdrawals
= 10,000 + 2,000 - 3,000
= Rs. 9,000

Calculating the net profit:
Total assets - (Creditors + Unpaid expenses + Capital at the end of the year)
= 23,700 - (3,000 + 500 + 9,000)
= 23,700 - 12,500
= Rs. 11,200

Therefore, the net profit is Rs. 11,200.

The correct answer is A. Rs. 11,200.