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QUESTION NO:2 a. Economic environment exercises the most direct and immediate influence on entrepreneurship. Discuss the economic factors that affect the growth of entrepreneurship (10

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QUESTION NO:2 a. Economic environment exercises the most direct and immediate influence on entrepreneurship. Discuss the economic factors that affect the growth of entrepreneurship (10 Marks) b. A sum of money at simple interest amounts to Rs. 14160 in 3 year. If the rate of interest is increased by 25%, the same sum amount to Rs. 14700 in the same time. Find out the rate of interest. (05 Marks) c. Sam lent Rs.9000 to Rex for 4 years and Rs.6000 to Harry for 2 years on simple interest and at same rate of interest. If Sam received Rs.2500 as total interest from both. What is the rate of interest? Marks) (05

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