rohit sells his play station to his friend at a profit of rs.1500 .is it a business activity? why?(business study) sohan has a shooe which sells electronics toys included play stations .He also buys second hand play stations and sells them to earn profit. Is this a business activity? Explain some important characteristics of business . Give the feathers,advantages and disadvantages of owners fund.
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yes. it is a business activity. any activity whose transaction occur with the motive to earn profit is business activity. for characteristics, refer business studies book class 11
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