Question

what is difference between trade discount and cash discount​

Answer 1

Discounts are an integral part of business trade. Since time immemorial, it has been part of the transactions that buyers offer, and sellers receive either implicitly or explicitly. Two such vital types of discounts are:

Trade discount

is provided by the seller at the time of purchase to attract customers and increase sales. More importantly, the sellers are interested in those customers who are interested in buying bulk quantities. Since it is offered at the time of purchase, it is often implicitly part of the prices of the products and is included in the transaction before

Answer 2

Answer:

The key difference between trade discount and cash discount is that trade discount refers to the reduction in list price known as discount, allowed by a supplier to the consumer while selling the product generally in bulk quantities to concerned consumer, whereas, cash discount is discount given by the supplier on its .

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