Keshav's opening capital is determined by the formula: \[ \text{Opening Capital} = \text{Closing Capital} - \text{Net Profit} + \text{Drawings} - \text{Interest on Drawings} \]
The following data is provided: - Closing Capital: rupee 55,000 - Keshav's Profit Share: \( \frac{3}{5} \times rupee 15,000 = rupee 9,000 \)
- Total Drawings: rupee 1,500 × 4 = rupee 6,000
- Interest on Drawings Calculation: \[ \text{Interest} = rupee 6,000 \times 8\% \times \frac{6.5}{12} = rupee 260 \]
Applying the formula yields: \[ \text{Opening Capital} = rupee 55,000 - rupee 9,000 + rupee 6,000 - rupee 260 \] \[ = rupee 52,000 \]
Therefore, the calculated opening capital is rupee52,000 (Option D).