3. ANS 1) PAST: Ironing, stitching only.

5. Ironing: Rs.2

6. Stitching: Rs.8-10

7. PRESENT/FUTURE: Prices charged as below -

8. Ironing: Rs.3

9. Stitching: Rs.10-12

10. Roll press: Rs.15-25

11. Dry cleaning: Rs.55

12. Jerry polish: Rs.75-100

13. ANS 3) PAST/PRESENT/FUTURE: Services are provided directly through shop.

15. DAILY LIFE OF BUSINESS PERSON

16. ANS 1) PAST: The proprietor use to earn Rs. 400 a day and Rs. 12000 and thus profits of Rs. 5000 as a profit.

17. PRESENT: He normally gets Rs.500 a day i.e. appx. Rs.15000 a month and earns Rs.6000 as a profit.

18. FUTURE: Income and profits depend on labour costs and other miscellaneous expenses.

19. ANS 2) PAST:The losses normally occurring in this type of business are either damage caused to cloths or wrong delivery of cloths.

20. PRESENT/ FUTURE: The person takes utmost care of customer cloths during his work; again he has developed a unique code for different customers to avoid any discrepancy in delivering the cloths.

21. ANS 3) PAST/PRESENT/FUTURE: The person normally carries out the work (other than ironing &stitching) with some other laundry person for which he has to make immediate payment. And a part of profit is reinvested, some part is retained & balance is remitted to the family in village. In case of inadequacy of working capital, the person use to borrow the same through colleagues, relatives, regular customers.

22. ANS 4) PAST/PRESENT/FUTURE: The person forecast his stock keeping unit (daily demand)through his past experience or regular experience. Again he use to take sufficient order of work keeping in mind his capacity to work.

23. ANS 5) PAST/PRESENT/FUTURE: Daily working hours : 8.00am to 9.00pm

24. Lunch time : 1.00pm to 1.30pm

25. Delivery of cloths : After 8.00pm.

26. The shop remained close on Friday.

28. Receiving & delivering services for cloths.