Why is the trade discount given?

Open in App

Solution

A trade discount addresses the decrease in the expense of services and products sold in the business environment. Availing trade discounts can help independent companies set aside cash when buying services and products from providers. Numerous providers require independent companies to pay within a particular period to get the exchange markdown.

Suggest Corrections

Similar questions

When we prepared purchase returns book why we less trade discount in the book.

What is difference between trade discount and cash discount?

Join BYJU'S Learning Program