Rahul has always dreamed of starting his own business. After completing his education, he decided to take the plunge.

His father, a successful entrepreneur himself, lent Rahul 50,0000 to invest in his venture. Rahul chose to start a fruit business, something he was passionate about.

Rahul conducted a thorough market research to identify optimal suppliers for his fruit business.

Finally, the day arrived when Rahul placed his first order. He purchased 5oo kilograms of crisp, juicy apples from a local farmer at Rs. 20 per kg.

Additionally, he bought 300 kilograms of succulent oranges from a wholesale market at Rs. 15 per Kg.

"Calculating the costs is crucial" Rahul thought:

Apples: 500kg×20 =10000

Oranges: 300kg×15 =4500

Total cost price = 10000+4500 =14500

However Rahul's initial enthusiasm soon turned into disappointment. He sold only 500 kg of apples at Rs.18 and 300 kg of oranges at Rs.13.

 Then Rahul applied mathematics formula to find out the amount he earned. After calculating he found that he faced a significant loss. Rahul wondered did he overprice?

"I would recommend adjusting your pricing strategy," Rahul's mentor suggested. "Consider the demand and competition."

Disheartened but determined, He analyzed his mistakes. "I need to adjust my strategy" Rahul realized.