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what is the difference beetwen trade discount and rebate &
discount
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- Chartered Accountant, Punjab and Sind Bank, I also Faced
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Answer Posted / srinivas annavarapu
Trade discount is normally given to the regular customers
who are buying the products (wholesaler to retailer)in
large numbers. It can be like if you buy 100 numbers we
will give you 10 numbers free or buy for Rs.1000/- and get
100/- worth free.
Rebate is like buy for 1000/- and pay only Rs950/-(Ex: year
end clearance sale)
Discount is similar to above but will be given for Credit
customers.. like if you pay within one week 10%, within 15
days 5% and morethan 15 days no discount.
| Is This Answer Correct ? | 28 Yes | 5 No |
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