A deduction made by a wholesaler from the catalogue price and which represents a retailer’s…

A deduction made by a wholesaler from the catalogue price and which represents a retailer’s profit margin is called?
  • A.
    Cash discount
  • B.
    Deferred discount
  • C.
    Trade discount
  • D.
    Quantity discount
  • E.
    Cash on delivery
Correct Answer: Option C
Explanation
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