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Business Mathematics in Commercial Discounts

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Discuss the two forms of commercial discounts. Your answer should include how they differ from one another. Examples of each should be provided.

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Solution Summary

Two forms of commercial discounts are discussed. An example of each are provided.

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A commercial discount is a reduction of price from a displayed rate or listed price. This is generally offered to a customer or client as an motivator to make a purchase.

There are different types of commercial discounts, but in general they fall into four categories:

(1) Trade-given to ...

Solution provided by:
Champake Mendis, MEngSc, PhD
Education
  • BSc (Hons), University of Colombo - Sri Lanka
  • MEngSc, University of Melbourne
  • Certificate IV in Training & Assessment , Australian Business Council
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