Question

what is trade discount???
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Answer 1

trade discount

noun

a discount on the retail price of something allowed or agreed between traders or to a retailer by a wholesaler.

Answer 2

Answer:

TRADE DISCOUNT IS REDUCED FROM THE LIST PRICE OFFERED BY WHOLE SELLER TO RETAILERS SO THEY CAN RESELL THE MERCHANDISE AT THE PROPHET

THE AMOUNT OF DISCOUNT THAT RETAILERS RECEIVED FROM WHOLESALER IS KNOWN AS A TRADE DISCOUNT AMOUNT

TRADE DISCOUNT =LIST PRICE - NET PRICE