Accountancy, asked by 3amit1997, 4 months ago

Trade discount defination

Answers

Answered by YMissY
2

A trade discount is an excellent way to attract a customer's attention, by offering more for less. Promotional sales, coupons, volume purchases and other strategies can attract new customers and motivate them to buy your products, creating the impression that they are getting the most out of their money.

Answered by pk544042
1

Answer:

Here is your answer

Explanation:

A trade discount is the amount by which a manufacturer reduces the retail price of a product when it sells to a reseller, rather than to the end customer. ... The trade discount may be stated as a specific dollar reduction from the retail price, or it may be a percentage discount.

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