What is an entrepreneur? A. Someone who invests time and money to start a business. B. Someone who makes a lot of money. C. Someone who takes a risk to make a profit. D. Both A & C.

What is an entrepreneur?
A. Someone who invests time and money to start a business.
B. Someone who makes a lot of money.
C. Someone who takes a risk to make a profit.
D. Both A & C.
by

1 Answer

Answer :

D. Both A & C.
by

Related questions

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Last Answer : A. A business taking a risk to make a profit.

Net profit is the: A. Amount of money you get for profit lab. B. Amount of money collected from selling products. C. Amount of money your product costs to produce. D. Has nothing to do with money.

Description : Net profit is the: A. Amount of money you get for profit lab. B. Amount of money collected from selling products. C. Amount of money your product costs to produce. D. Has nothing to do with money.

Last Answer : B. Amount of money collected from selling products.

Gross profit is the A. Amount of money you get for profit lab. B. Amount of money collected from selling products. C. Amount of money your product costs to produce. D. Has nothing to do with money.

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Last Answer : A. Amount of money you get for profit lab.

To figure the Net Profit: A. Add up the ticket sales from selling day. B. Add up the ticket sales from selling day and subtract the cost of the ingredients. C. Add up cost to produc3 the product and subtract the total sales. D. Add the cost to produce the product and add the total sales.

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Last Answer : A. Add up the ticket sales from selling day.

To figure the Gross Profit: A. Add up the ticket sales from selling day. B. Add up the ticket sales from selling day and subtract the cost of the ingredients. C. Add up cost to produce the product and subtract the total sales. D. Add the cost to produce the product and add the total sales.

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Product planning tells you: A. Where you will produce your product. B. Cost to produce your product. C. Your Net profit. D. Total revenues.

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Capital is: A. Money available to invest. B. Prohibitive cost of entry. C. A guarantee that a company will be successful. D. A & B.

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Anu and Thanu start a business. Anu invests Rs.8000 for 8 months and Thanu remains in the business for 4 months out of total profit, Thanu claims 3/7 of the profit. How much money was contributed by Thanu? A) Rs6000 B) Rs.7000 C) Rs.8000 D) Rs.9000

Description : Anu and Thanu start a business. Anu invests Rs.8000 for 8 months and Thanu remains in the business for 4 months out of total profit, Thanu claims 3/7 of the profit. How much money was contributed by Thanu? A) Rs6000 B) Rs.7000 C) Rs.8000 D) Rs.9000

Last Answer : Answer: D) Let the total profit be Rs.x Then thanu = 3x/7 Anu = (x – 3x/7) = 4x/7 So, Anu : thanu = 4x/7 : 3x/7 = 4:3 Lets thanu’s capital be y. then, 8000*8/ (y *4) = 4/3 24000 * 24 = 4y * 16 Y = 24000*24/(16*4) Y = Rs.9000

P, Q, R enter in business partnership. P invests some money at the beginning, Q invests thrice times the amount after 4 months and R invests 6 times the amount after 8 months. If the annual profit be Rs 61260, R's share is A) 41700 B) 45870 C) 47860 D) 40840

Description : P, Q, R enter in business partnership. P invests some money at the beginning, Q invests thrice times the amount after 4 months and R invests 6 times the amount after 8 months. If the annual profit be Rs 61260, R's share is A) 41700 B) 45870 C) 47860 D) 40840

Last Answer : Answer: D)  Let initial investment of P be X  Q’s initial investment after 4 month is 3 X  R’s initial investment after 8 months is 6X  Profit ratio of P,Q&R is,  X*12:3x*4:6x*8=12:12:48=1:1:4  R’s share =61260*4/6=Rs.40840

Two persons Ashok and Amit enter into a business. Ashok invests Rs 12500 in the first time and after 6months withdraws Rs 7000. Amit withdraws Rs 3000 after 8 months. Both have equal profit at the end of the year. What is the amount invested by Amit initially? A) 15000 B) 20000 C) 10000 D) 16000

Description : Two persons Ashok and Amit enter into a business. Ashok invests Rs 12500 in the first time and after 6months withdraws Rs 7000. Amit withdraws Rs 3000 after 8 months. Both have equal profit at the end of the year. What is the amount invested by Amit initially? A) 15000 B) 20000 C) 10000 D) 16000

Last Answer : Answer: C)  Ashok’s investment =12500*6+5500*6=108000  Amit’s investment=x*8+(x-3000)*4  108000=8x+4x-12000=>X=Rs 10000  Amount invest by Amit is Rs 10,000

Suja and Madhavi are partners in a business, Suja invests Rs.42000 for 9 months and Madhavi invests Rs.54000 for 12 months. Then, out of a profit of 38750 find suja’s profit? A) Rs.14330 B) Rs.14590 C) Rs.14650 D) Rs.14276

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Last Answer : Answer: D) Ratio of their shares = (42000*9) : (54000*12) = 378 : 648 = 7:12 Suja’s share = Rs(38750 * 7/19) = Rs.14276

M and N invested in a business in which M invests Rs.385 more than N. N invested for 9months while M invested for 5months. If M get Rs.65 more than N out of profit of Rs.1350. Then then total amount invested in the business approximately is, A) 1452 B) 7413 C) 6298 D) 5778

Description : M and N invested in a business in which M invests Rs.385 more than N. N invested for 9months while M invested for 5months. If M get Rs.65 more than N out of profit of Rs.1350. Then then total amount invested in the business approximately is, A) 1452 B) 7413 C) 6298 D) 5778

Last Answer : Answer: B)  Let investment of M is X + 385  Let investment of N is X  Profit earned of M&N is,  M/N=(X+385)*5 /x *9-------> (1)  Profit of M =65 +profit of N  Total profit = 1350=65 + ... =(x + 385) *5/(x*9)  X =392.01  Total investment =(392+385)*5+(392*9)  =Rs.7413

P, Q & R enter into partnership. P invests 6 times as much as Q and Q invests two- sixth of what R invests. At the end of the year, the profit earned is Rs.7200. what is the share of Q? A) 720 B) 550 C) 670 D) 480

Description : P, Q & R enter into partnership. P invests 6 times as much as Q and Q invests two- sixth of what R invests. At the end of the year, the profit earned is Rs.7200. what is the share of Q? A) 720 B) 550 C) 670 D) 480

Last Answer : Answer: A) Let R’s capital = Rs.x Q’s capital = Rs.2x/6 = x/3 P’s capital = 6x/3 = 2x Ratio of their capitals = 2x : x/3 : x =6x:x:3x =6:1:3 Hence Q’s share = (7200*1/10) = Rs.720

Mano, kajal, kavin enter into partnership. Mano invests some money at the beginning kajal invests double the amount for 8 months and kavin invests thrice the amount for 10 months. If the annual profit be Rs.35000 then kavin’s share is approximately A) Rs. 17567 B) None C) Rs. 12985 D) Rs. 19274

Description : Mano, kajal, kavin enter into partnership. Mano invests some money at the beginning kajal invests double the amount for 8 months and kavin invests thrice the amount for 10 months. If the annual profit be Rs.35000 then kavin’s share is approximately A) Rs. 17567 B) None C) Rs. 12985 D) Rs. 19274

Last Answer : Answer: B) Let mano’s investment be Rs x Then Ratio of capitals = (x*12) : (2x:8) : (3x*10) = 12x : 16x : 30x = 6:8: 15 Kavin’s share = Rs.(35000*15/29) = Rs.18103.

In a partnership P invests 2/6 th of the capital for 2/3rd of the time, Q invests 3/5th of the capital for 1/3rd of the time and R invests for 2/5th of the capital for 3/4th of the time. Out of the profit of Rs. 64375at the end of the year, find R's share in the profit A) 27854. B) 23000. C) 26740. D) 25784

Description :  In a partnership P invests 2/6 th of the capital for 2/3rd of the time, Q invests 3/5th of the capital for 1/3rd of the time and R invests for 2/5th of the capital for 3/4th of the time. Out of the ... 64375at the end of the year, find R's share in the profit A) 27854. B) 23000. C) 26740. D) 25784

Last Answer : Answer: C)  Ratio of their profits  (2/6*2/3)*12: (3/5*1/3)*12: (2/5*3/4) *12 =40:36:54  R’s share =64375*54/130  =Rs.26740

X, Yand Z enter into a partnership by investing in the ratio of 6 : 4: 8. After 1 year, Y invests another Rs. 540,000 and Z, at the end of 2 years, also invests Rs.540,000. At the end of three years, profit is are shared in the ratio of 6 : 8 : 10. Find initial investment of Z. A) 7,20,000 B) 8,80,000 C) 6,50,000 D) 5,50,000.

Description : X, Yand Z enter into a partnership by investing in the ratio of 6 : 4: 8. After 1 year, Y invests another Rs. 540,000 and Z, at the end of 2 years, also invests Rs.540,000. At the end of three years, profit is ... 10. Find initial investment of Z. A) 7,20,000 B) 8,80,000 C) 6,50,000 D) 5,50,000. 

Last Answer : Answer: A) Let the initial investments of X, Yand Z be Rs. 6x, Rs. 4x and Rs. 8x respectively. Then, (6x * 36) : [(4x * 12) + (4x + 540000) x 24] : [(8x * 24) + (8x +540000) x 12]=6:8:10 ... =3/4 => 864x = 432x + 38880000 => 432x = 19440000 x=90000 Z's initial investment = 8x = Rs. 7,20,000.

P,Q, R enter into a partnership.P initially invests Rs 54 lakh and withdraws Rs 18 lakhs after 4 years. Q initially Rs 72 lakh ans adds another Rs 18 lakhs after 6 years and R invests Rs 108 lakh and adds another Rs 18 lakh few years. At the end of 10 years profit Of R is equal to sum of profit of P and Q. Then for how many years did R invests Rs 126 lakh per annum A) 5 B) 7 C) 8 D) 11

Description : P,Q, R enter into a partnership.P initially invests Rs 54 lakh and withdraws Rs 18 lakhs after 4 years. Q initially Rs 72 lakh ans adds another Rs 18 lakhs after 6 years and R invests Rs 108 lakh and adds another ... Then for how many years did R invests Rs 126 lakh per annum A) 5 B) 7 C) 8 D) 11 

Last Answer : Answer: C) Ratio of their profit P, Q, R is 54*4+36*6:72*6+90*4:108*x+126*(10-x) =12:22:35 - 0.5x Profit of R=profit of P +profit of Q 35-0.5x=12+22 X=2 year The number of years for R invests Rs 126 lakh =10-2=8years

P, Q, R enter into a partnership. P initially invests Rs 15000 and withdrawn Rs. 7500 after 7 months. Q initially invests Rs 12500 and withdraws Rs 10000 after 5 months and R invests Rs 10000 and adds another Rs 5000 after few months. At the end of 1 year and 3 months profits of P and R is twice the profit of Q. Then after how many months did R invests Rs 10000? A) 2.5 B) 2.6 C) 2.7 D) None

Description : P, Q, R enter into a partnership. P initially invests Rs 15000 and withdrawn Rs. 7500 after 7 months. Q initially invests Rs 12500 and withdraws Rs 10000 after 5 months and R invests Rs 10000 and adds another Rs 5000 ... after how many months did R invests Rs 10000? A) 2.5 B) 2.6 C) 2.7 D) None

Last Answer : Answer: A)  Ratio of P, Q &R is , 15000*7+7500* 8:12500*5+2500* 10:10000*x+15000*(15-x)  P: Q: R=66:35:9-2x  Profit of Q = (profit of P + profit of R)/2  35 = (66 +9 -2x)/2  X=2.5 months

Which is the most essential function of an entrepreneur? (1) Supervision (2) Management (3) Marketing (4) Risk bearing

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Which is the most essential function of an entrepreneur ? (1) Supervision (2) Management (3) Marketing (4) Risk bearing

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The remuneration of the entrepreneur in production is - (1) Pure profit (2) Gross profit (3) Net profit (4) Super-normal profit

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Last Answer : Net profit 

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Last Answer :  Answer: B) Ratio of M, N, O is, 24*27:18*24:48*27 =3:2:6 Amount paid by M&O=44649*3/11+ 44649*6/11 =Rs.36531 Average amount paid by M&O =36531/2 =Rs.18265.5

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They were traditionally made from bone, quill, ivory or gold and silver, if you could afford such ostentation. Mass production is traced to the American entrepreneur Charles Forster who noticed young boys selling similar objects made of Spanish willow while travelling through Brazil. He returned to Boston in 1870 and set up a factory that used white birch as raw material because it was tasteless. What business did Forster thus begin?

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Description : An entrepreneur into the hosiery business found out the reason his hosiery was not selling was due to its color. What could be the best source of this information? A. Supplier. B. Retailer. C. Competition. D. Government bureau.

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Which one of the following is not considered as one of the building blocks of the model entrepreneur? A. technical skills. B. management competencies. C. business awareness. D. personal attributes.

Description : Which one of the following is not considered as one of the building blocks of the model entrepreneur? A. technical skills. B. management competencies. C. business awareness. D. personal attributes.

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P, Q & R are three partners start a business. Thrice P’s capital is equal to four times Q’s capital and Q’s capital is 6 times R’s capital. Out of a total profit Rs.35860 at the end of the year, Q’s share is A) Rs.12334 B) Rs.14344 C) Rs. 21500 D) Rs.17600

Description : P, Q & R are three partners start a business. Thrice P’s capital is equal to four times Q’s capital and Q’s capital is 6 times R’s capital. Out of a total profit Rs.35860 at the end of the year, Q’s share is A) Rs.12334 B) Rs.14344 C) Rs. 21500 D) Rs.17600

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How Can I Become A Successful Internet Entrepreneur This Money?

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Rupesh invests Rs. 45,000 partly in Rs. 150 shares at Rs. 180 for 8% and partly in Rs. 75 shares at Rs. 135 for 12%. If the annual income from the inv

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