Question

3. Indu bought a readymade dress for Rs. 5000. Her friend liked the design of dress very much, so Indu

sold the same dress to her friend for Rs. 5500 and made a profit of Rs. 500. After completing her

studies Indu opened a shop of selling readymade dresses for girls.

a) Can transaction between Indu and her friend be termed as business?

b) State the features related to ‘a’.

c) Can the sale of dresses on her shop be called as business?

Answer 1

a yes c yes,........

Answer 2

c) Can the sale of dresses on her shop be called as business