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Cash Discount & Trade Discount

When a discou...

Question

When a discount is given at the time of sale as a deduction from sale price, it is called as :

A

Cash Discount

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B

Trade Discount

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C

Either A or B

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D

None of these

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Solution

The correct option is B
Trade Discount

When a discount is given at the time of sale as a deduction from sale price, it is called as trade discount.

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