Q327
For increasing sales, decrease in selling price below selling price list is known as
A.
partial discount
B.
corporate discount
C.
treasury discount
D.
price discount
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
For increasing sales, decrease in selling price below selling price list is known as price discount. Typically, a store will discount an item by a percent of the original price. The rate of discount is usually given as a percent, but may also be given as a fraction.