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

Question

Mathematics

Nash Barber

30 January, 12:57

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

+3

Answers (1)

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Alejandro Owen · Answer 1

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.

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 discountcontingent discountstraight discountbulk-purchase discount

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