distinnguish between wholesalers and retailers
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Wholesalers are those who buys products from an agent of the company who has definite and fixed area for selling products and wholesalers after taking their profit margin sells the products to retailers.
Retailers are those shopkeepers who buys different products from different wholesalers of different companies and then sells the products at M.R.P.
Wholesalers buy a large amount of products at a time.Usually his bill goes upto 1 lakh or 1.5 lakh
But retailers bill hardly goes to 20000
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Retailers are those shopkeepers who buys different products from different wholesalers of different companies and then sells the products at M.R.P.
Wholesalers buy a large amount of products at a time.Usually his bill goes upto 1 lakh or 1.5 lakh
But retailers bill hardly goes to 20000
plz mark brainliest
KingAgr:
plz mark brainliest
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Answer:
The word wholesale simply means selling in bulk quantities and retail stands for selling merchandise in small quantities. ... While a wholesaler sells goods to the businesses, as they purchase goods to sell it further. On the other hand, a retailer targets final consumer and sells goods to them.
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