Question

Q.5 A reduction in price of
purchase during a stated
period of time is known as:-​

Answer 1

Answer:

1222

Explanation:

A. D.

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Answer 2

A reduction in price of purchase during a stated period of time is known as Discount.

Explanation:

when seller sells a product to buyers he may reduce the price of the product within a period of time so that more buyers may purchase the product within that period of time, this reduction in price of the product is called Discount. sometimes a seller give a specific time period to the buyer to purchase the good, he may reduce price within this period so the buyer might purchase the goods at an earlier date, it is called discount. products that are sold in large quantities are often given discounts to that the customer will be inspired to buy more of it.