Social Sciences, asked by rajput571, 1 year ago

how did mercantile company make profit

Answers

Answered by AlyaSingh

41

Mercantile trading companies in those days made profits primarily by excluding competition

They could buy cheap & sell dear.

Answered by anasvishillay111

32

Hi!!

Your answer ⬇

They bought the goods at cheaper rates and sold them at higher rates this is how they made profits

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