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

Question 229

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.

Correct Answer: