Business Studies, asked by boiluzahe, 1 year ago

Write your name, enrolment number,AI name and subject in the top of the first page of the first page of the answer sheet.

Answers

Answered by EncounterQueen
7
what type of a question u r asking??

boiluzahe: A person purchased two quintals of rice from a farmer of his village and sold it in the mandi of near by town thereby earning RS.1000 as profit. Is it is a business? If it is a business give reason and if it is not, give reasons.

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Answered by Ashq
7
⏩ Yes, surely the person is doing business. This is so because he is buying two quintals of rice from the farmer and selling it in the mandi, and the main motive of a business purpose is earning profit and giving a share of profit to the society that all he is doing i.e., buying quintals of rice from the farmer. Hence, the person is involved in business.



✔ Hope it helps u...!!! ☺

boiluzahe: A person purchased two quintals of rice from a farmer of his village and sold it in the mandi of near by town thereby earning RS.1000 as profit. Is it is a business? If it is a business give reason and if it is not, give reasons.
Ashq: I have given the answer...see whether it is helpful or not...!!!
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