If the Terms of the Trade Discount Are Listed 20/10/5

question 343

Multiple Choice

If the terms of the trade discount are listed 20/10/5, the number "5" represents

• A)5 percent of the suggested retail price that is available to the retailer to cover costs and provide a profit.
• B)5 percent of the suggested retail price that is available to the wholesaler to cover costs and provide a profit.
• C)5 percent of the suggested retail price that is available to the jobber to cover costs and provide a profit.
• D)5 percent of the suggested retail price that is available to the ultimate consumer.
• E)5 percent of the suggested retail price that is the profit margin to the manufacturer.

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Definitions:

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Co-founder of Apple Inc., known for his revolutionary contributions to personal computing, animation, and consumer electronic design.