Question

what is meant by Discounts​

Answer 1

Answer:

The noun discount refers to an amount or percentage deducted from the normal selling price of something. ... The noun discount means a reduction in price of a good or service. You can ask the manager for a discount if the item is damaged. As a verb, discount means to reduce the price.

Answer 2

Answer:

here is your answer

Explanation:

A sales discount is a reduction in the price of a product or service that is offered by the seller, in exchange for early payment by the buyer. A sales discount may be offered when the seller is short of cash, or if it wants to reduce the recorded amount of its receivables outstanding for other reasons

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