Describe the difference between a Single Trade Discount versus a Discount Series?

Describe the difference between a Single Trade Discount versus a Discount Series?

Describe the difference between a Single Trade Discount versus a Discount Series?

Describe the difference between a Single Trade Discount versus a Discount Series?

A single trade discount is a discount that is given to a customer (usually a wholesaler) when the customer buys a product.  The discount is expressed simply as a single discount of a given percentage.  For example, a 25% discount on the purchase.By contrast, a discount series is expressed as a number of separate discounts.  For example, a seller could say they were offering three discounts — one of 10%, one of 8% and one of 7%.The series discount would sound like it adds up to a 25% discount but it would not actually be as much because each successive discount is taken from a price that includes the previous discount (s).
Describe the difference between a Single Trade Discount versus a Discount Series?