Ask Question
29 May, 10:56

Select the correct answer.

Walter sees a sign on a store window announcing a 25 percent discount on a minimum purchase of $500. What type of discount is the store offering?

membership discount

contingent discount

straight discount

bulk-purchase discount

+4
Answers (1)
  1. 29 May, 11:04
    0
    I believe this would be a contingent discount. Contingent discounts are granted to a buyer when they satisfy certain requirements. In this case, the requirement is to have a minimum purchase of $500. Thus, that would make it a contingent discount.

    The other's are incorrect.

    A membership discount requires you to have a membership.

    A straight discount is basically present value of future cash flow without compounding. (Business Dictionary Definition)

    A bulk purchase discount is a financial incentive for regular shoppers or businesses that buy things in bulk.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Select the correct answer. Walter sees a sign on a store window announcing a 25 percent discount on a minimum purchase of $500. What type ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers