Examveda

The rate of trade discount varies with the ________ purchased

A. Total asset

B. Current asset

C. Quantity

D. None of these

Answer: Option C

Solution (By Examveda Team)

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.

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