Business Studies, asked by gautam2001, 1 year ago

Difference between Rebate, Refund and Discount​

Answers

Answered by deveshjat9999
1

A rebate can mean the same as a discount when it refers to a reduction of the price during a sale but it also means refund. That is money given back after payment has been made. Rebates may be given on tax, rent and utility bills as well as on goods purchased.

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