Accountancy, asked by thakurkanshu590, 6 months ago

define the term of trade discount​

Answers

Answered by PrincessTeja
7

Answer:

a discount on the retail price of something allowed or agreed between traders or to a retailer by a wholesaler.

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Answered by Anonymous
2

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A deduction from the list price of goods allowed by a manufacturer or wholesaler to a retailer.

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How to calculate trade discount.

If the discount is a percentage, you calculate the trade discount by converting the percentage to a decimal and multiplying that decimal by the listed price.

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