Q104
The rate of trade discount varies with the ________ purchased
A.
Total asset
B.
Current asset
C.
Quantity
AnswerD.
None of these
Answer: Option C
Solution
Answer: Option C
Solution:
Trade discount is a discount which is referred to as, discount given by the seller to the buyer at the time of purchase of goods. It is given as a deduction in the list price or retail price of the quantity sold.