in which business why it essential to make a profit. a) commercial industry b) it provide funds for future extension c) it increase the reputation of a company d) all the above
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In which business why it essential to make a profit.
Answer: b) it provide funds for future extension
Explanation: If we do not have any fund/money from profit earned for the future then in the time of any crisis or business fall we will face many financial problems for the sustainability of the company/business.
Thus, profit provide funds for the future extention.
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