Examlex
MRP refers to?
Trade Discount
A reduction in the retail or list price of a product or service provided by a seller to a buyer in the trade channel.
Trade Discount
A reduction in price offered by a seller to a buyer for purposes of increasing sales, typically calculated as a percentage off the list price.
Trade Discount
A deduction from the list price of goods agreed upon by the seller and the buyer, typically offered by suppliers to retailers.
Trade Discount
A reduction granted by a supplier on the list or catalog prices of goods or services, often based on the volume of transactions.
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