describe types of discount
Answers
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
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: