Question

For the financial year 20011-12, the gross profit was Rs.1,75,000. During the year Carriage inward Rs.15,000,Personal expenses of proprietor Rs.75,000 and Carriage outward Rs.17,500. Bad debts for the year were Rs.12,000.The net profit earned for the year 2011-12 would be:a) Rs.85,000 b) Rs.1,45,500c) Rs.64,500 d) none of the above

Answer 1

There are two ways for marketers to conduct business through e-commerce: fully online or online along with a brick and mortar store. Online marketers can offer lower prices, greater product selection, and high efficiency rates. Many customers prefer online markets if the products can be delivered quickly at relatively low price. However, online retailers cannot offer the physical experience that traditional retailers can. It can be difficult to judge the quality of a product without the physical experience, which may cause customers to experience product or seller uncertainty. Another issue regarding the online market is concerns about the security of online transactions. Many customers remain loyal to well-known retailers because of this issue.

Answer 2

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