Question

WHAT WERE THE MERCANTILE COMPANIES ?HOW DID THEY MAKE PROFIT​

Answer 1

Answer:

The companies which made profit by buying goods at low price and selling goods at higher prices are known as mercantile. This way they made profit.

Explanation:

Plz mark branliest.

Answer 2

Explanation:

Mercantile trading companies in those days made profit primarily by excluding competition, so that they could buy cheap and sell dear. The royal charter, however, could not prevent other European powers from entering the Eastern markets