Accountancy, asked by devrao9417, 3 months ago

describe types of discount​

Answers

Answered by ZaraAntisera
2

Answer:

here's ur answer

Explanation:

3 Types

There are 3 Types of Discount;

Trade discount, Quantity discount, and. Cash discount.

⇒Types of discounts

1. Buy one, get one free. This discount may require a buyer to receive two of the same inventory item, or it could allow for a free item that differs from the initial purchase.

2. Contractual discounts. ...

3. Early payment discount. ...

4. Free shipping. ...

5. Order-specific discounts. ...

6. Price-break discounts. ...

7. Seasonal discount. ...

8. Trade discount.

hope it's helpful

Answered by Shreyanegi173
1

Answer:

Hey mate!!

Discounts may be classified into two types:

Trade Discounts:

They offered at the time of purchase for example when goods are purchased in bulk or to retain loyal customers.

Cash Discount:

They offered to customers as an incentive for timely payment of their liabilities in respect of credit purchases

Explanation:

hope it will help u.

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