Q: Purchase discounts is the same as trade discounts true or false?

Write your answer...

Submit

Still have questions?

Continue Learning about Math & Arithmetic

No, because successive discounts are taken on the discounted price after the first of the successive discounts. Therefore, 3 successive 5 % discounts will total to a smaller discount than one 15 % discount.

Apart from the fact that often you cannot use multiple discounts at the same time, they are defined multiplicatively, not additively. A 20% discount means that the price is reduced by 20% to 80% of its full price. A 20% discount on top of a 20% discount is 80% of 80% which is 0.8*0.8 of the full price which is 64%.

False.

false

False. The equation for area of a triangle is 1/2 base x height. The height and the base would have to be the same for two triangles to have the same area.

Related questions

Trade discount is the discount that is deducted from the source and then the actual amount is shown. The trade discounts are not shown in the books of accounts. Only the cash discount is shown in the books of accounts but the trade discount will be deducted from the actual and the net amount will be considered.

Trade credit is a value put on items you trade to an individual or business. These trade credits can be used like cash money to purchase items from these same people.

If you purchase a specific brand of equipment the manufacturer would be willing to offer you a bulk discount based on quantity of your purchase, and it is not necessary that all equipment be the same item, but the amount of items you purchase.

Discounts give more consumers the ability to purchase goods. While full priced items or services may be financially out of reach for some individuals, these same items at a discounted price may be a luxury that they can afford.

False, because To make money from its trade England had to export more goods than it imported. Same if ur in Mr.Wells class also so yea. You get all answers from here! lol.

FALSE

They offer discounts if you have multiple vehicles on the same insurance, which you will likely have with a family. They also have discounts for good students as well as safe drivers.

False

False.

false

false

No, because successive discounts are taken on the discounted price after the first of the successive discounts. Therefore, 3 successive 5 % discounts will total to a smaller discount than one 15 % discount.