Question

mode of payment in wholesale market vegetables

Answer 1

Answer:

Hey mate here is ur answer

Explanation:

Generally the payment is made in cash.

But if the amount is quite high then the cheque facility is used.

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Answer 2

Answer:

Chennai: Wholesale merchants in Chennai, India’s fifth largest market for fruit and vegetables, have lowered the profit margins on the produce they sell, in a bid to fight large, organized retailers such as Reliance Fresh, who are buying directly from farmers and selling goods at reduced rates.

The decision by wholesale vendors will help small retailers, who buy fruit and vegetables from these vendors, to compete with the rates offered by the large retailers to consumers.

“This will help us fight the competition", said V.R. Soundrarajan, president of Koyambedu Market Vegetables Merchants Association. “We (wholesale vendors) decided to reduce our margins from 5% to 2%".

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