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single trade discount is a one time discount while a discount series can't be added together but have to be discounted separately wherein the base for the next discount will be the net of the first discount and so on. a seller can offer a series of discounts on a product for a number of reasons like for example,20% discount upon sale, additional of5% if volume sale and another discount of5% if the account is paid within30 days. the buyer gets a higher discount if it is given as a single discount rather than a discount series. for example a single discount of30% compared to a discount series of20;5;5. if the sale was $100 the discount is $30 while if the discount is series. the discount is $27.80
agreed with all above...
Single Trade Discount:50% Discount Series:2/4/8, you have to find the discount series separately.
A single trade discount is one discount offered, such as30%.A discount series will be a number of discounts offered in a chain. It is shown by slashes - such as15/10/5.
Single trade discount is a one time discount while a discount series can't be added together but have to be discounted separately wherein the base for the next discount will be the net of the first discount and so on.
A discount may be expressed as a single consolidated percentage of the total price, or at may be expressed as a series of discount percentages. When the discount is expressed as a series do discount each successive discount is calculated as a percentage of the net price after application of the previous discounts in the series.
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