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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

What is Wholesale trade? - Commerce

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Question

What is Wholesale trade?

One Line Answer

Solution

“Purchase of goods in bulk from the manufacturers and selling them in smaller quantities to other intermediaries” is known as wholesale trade.

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Features of Internal Trade
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Chapter 22: Types of Trade - Exercises [Page 221]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 22 Types of Trade
Exercises | Q III. 4. | Page 221
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