A discount deducted from the invoice price of goods to enable the retailer to make profit is?
- cash discount
- functional discount
-
trade discount
- seasonal discount
The correct answer is: C
Explanation
A trade discount is a reduction in price a manufacturer or wholesaler gives a wholesaler or retail when they buy a product or group of products for resale. It is done so that the retailer or wholesaler can make profits after resale.