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Answer Posted / abhinav goel
Rebate is a form of discount created with a fixed amount for a specific/non-specific person,Discount is mainly in percentages(can be in amount)
eg.,if mohan buys 3 bottles of beer he will get 10% discount(discount)
but if he buys any no. of bottles exceeding 2 he will enjoy 2 bucks off on every succeeding unit(rebate)
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