The interest scheme in which companies reduce the amount of the instalments to promote sales is called as __________.

Discount Sale

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100 %

Finance

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0 %

Interest

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50 %

Finance

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Solution

The correct option is A Discount Sale
$\Rightarrow$ The interest scheme in which companies reduce the amount of the installments to promote sales is called as $D i s c o u n t S a l e .$
$\Rightarrow$ Discounts are reductions to a basic price of goods or services.
$\Rightarrow$ The purpose of discount sale is to increase short-term sales, to move out-of-date stock, to reward valuable customers, to encourage distribution channel members to perform a function, or to otherwise reward behaviors that benefit the discount issuer.

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