Y started a business on 1st April, 2013 with a Capital of Rs. 2, 00, 000 and a loan of Rs. 75, 000 from the bank. During the year, he had introduced additional capital of Rs. 60, 000 and had withdrawn Rs. 36, 000 for personal purposes. On 31st March, 2014 and profit earned during the year 2013-14.

Opening Capital ( 1st April 2013 ) = Rs. 2,00,000 Liabilities = Rs. 75,000 Additional Capital = Rs. 60,000 Drawings = Rs. 36,000 Profit or Loss = ? Closing Capital  ( 31st March 2014 ) = ?   Closing Capital = Opening Capital + Additional Capital - Drawings                          =  2,00,000             +      60,000               -    36000                          =  2,24,000                            Profit made =  Closing Capital - Opening Capital                    =   2,24,000           -        2,00,000                    =    24,000   Over here the Liabilities will not be taken into consideratio​n, this is because.....  Capital = Assets - Liabilities  
If we find Assets here = Capital + Liabilites                                    =  2,00,000 + 75,000                                    =  2,75,000

And finding Closing Capital =  Assets -  Liabilities                                                =  2,75,000 - 75,000                                               =   2,00,000   -----}  already given in question... Therefore Liabilities is not taken into any consideration.   Hope this helps.. THUMBS UP !!!  :)