Assertion :Every business should try to maximise profit by all means. Reason: Primary objective of a business is to earn profits.

Both Assertion and Reason are correct and Reason is the correct explanation for Assertion

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Both Assertion and Reason are correct but Reason is not the correct explanation for Assertion

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Assertion is correct but Reason is incorrect

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Assertion is incorrect but Reason is correct

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Solution

The correct option is D Assertion is incorrect but Reason is correct
It is true that Primary objective of the business is to earn profits but business should not always try to maximize profit only because business should also try to sustain in the market, increase the growth rate, increase market share etc.

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