a
mark-up
b
trade discount
c
cash discount
d
value added tax
Explanation
Correct Option
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Chuks612
9 years ago
This is cash discount. The reason is cuz trade discount is the reduction in the catalogue price of an item. Cash discount is a discount given to a wholesaler or retailer into to encourage him pay within a specified period. In the question we see 9/4 40 days meaning a discount of 9/4 if he pays within 40 days.
