Unit 4 Ch 3 : Money and Credit — Social Studies STD 10 — Question
CBSE BoardEnglish MediumSTD 10Social StudiesUnit 4 Ch 3 : Money and Credit3 Marks
Question
Supposing Salim continues to get orders from traders. What would be his position after 6 years?
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Answer
If Salim continues to get order from traders then after six years by using his sales profit he can easily finance his future business. Due to the profit from the sales he has no need to borrow money from any source. Already he will be much able to afford this much money to start even a new business after 6 years. His profit will be double and in case if he borrows then he would be able to pay easily all his debts in time.
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