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Business Studies

Types of Sales Promotion

Introducing a...

Question

Introducing a scheme of 50% off on a product is an example of a:

A

Discount

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B

Rebates

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C

Refunds

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D

Product combination

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Solution

The correct option is A
Discount

Offering goods at a price which is less than the listed price refers to offering discounts. Discounts are often calculated and expressed as a percentage of the listed price.

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