In a business venture a manmakes profit of 1500 rupeeswith probability

1.	In a business venture a manmakes profit of 1500 rupeeswith probability 0.6 and lossof 500 rupees withprobability 0.4 then theexpected profit is?
Answer» Answer: PROFIT, in accounting, is an INCOME distributed to the owner in a profitable market production PROCESS. Profit is a measure of profitability which is the owner's major INTEREST in the income-formation process of market production. There are SEVERAL profit measures in common use. ❤️༄AISHU❤️༄

In a business venture a manmakes profit of 1500 rupeeswith probability 0.6 and lossof 500 rupees withprobability 0.4 then theexpected profit is?

Answer»

Answer:

PROFIT, in accounting, is an INCOME distributed to the owner in a profitable market production PROCESS. Profit is a measure of profitability which is the owner's major INTEREST in the income-formation process of market production. There are SEVERAL profit measures in common use.

❤️༄AISHU❤️༄

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In a business venture a manmakes profit of 1500 rupeeswith probability 0.6 and lossof 500 rupees withprobability 0.4 then theexpected profit is?​

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In a business venture a manmakes profit of 1500 rupeeswith probability 0.6 and lossof 500 rupees withprobability 0.4 then theexpected profit is?