Internal Trade
Commerce ⇒ Business Studies
Internal Trade starts at 11 and continues till grade 12.
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See sample questions for grade 11
A retailer buys goods worth Rs. 10,000 from a wholesaler and sells them for Rs. 12,000. What is the profit earned by the retailer?
A wholesaler purchases 500 units of a product at Rs. 50 per unit and sells them to retailers at Rs. 60 per unit. Calculate the total profit earned by the wholesaler.
Define 'itinerant retailers' and give one example.
Describe any two types of itinerant retailers.
Explain the concept of 'chain stores' in internal trade.
Explain the difference between wholesale trade and retail trade.
Explain the importance of internal trade in the Indian economy.
Explain the role of wholesalers in the distribution of goods.
Explain the term 'retail market'.
Explain the term 'wholesale market'.
List any two characteristics of internal trade.
List any two differences between fixed shop retailers and itinerant retailers.
State any one difference between internal trade and external trade.
State any two services provided by retailers to consumers.
State any two services provided by wholesalers to manufacturers.
What is internal trade?
