Question

While on a study tour Raghav purchased a helmet for ₹500 when he returned home his friend Varun offered ₹ 650 for it and he sold it to him. Is it a business activity? Give reasons.
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Answer 1

Answer:

yes

Explanation:

this is a business strategy. For a business, the person thinks more about profits rather than loss

Answer 2

Answer:

no,

Explanation:

it's not a business activity because business is a occupation in which people regularly engage.