A discount is money off a product, a sales tax is money added to the price of a product, and a tip is money given to someone fr good service.
hi I'm Nivedita.the difference between discount and loss is discount is the reduced price whereas loss means the amount of money lost from the c.p.
I think the discount comes first and then the sales tax.
discount allowed means the discount which is given by a seller to the buyer. and discount received means the discount received by the seller for purchases made
It depends, if the discount is a percentage such as 10% or 5% off, then it won't make a difference. For example, a meal at a restaurant costs $10. Tax is 5%. You use a 10% coupon. If you do tax first, it becomes $10.50. Take 10% off and it becomes $9.45. If you do the discount first, you take 10% off of 10 and it becomes $9. You then add the 5% tax and the total is $9.45 again. Now, if the discount is something like $3 off or $10 off, then it will matter. You have to take the discount off first or the tax becomes messed up. Using the same example again, your meal costs $10. Your tax is still 5%. Except this time, you have a $2 off coupon not a 10% off coupon. If you take the tax first, your total becomes $10.50. You then subtract the $2 and it becomes $8.50. If you take the discount first, then meal becomes $8. You add the 5% tax to the $8 and it becomes $8.40. So even though the difference is pretty small, there is still is a difference.
The Banker's Gain (BG) is the difference between a banker's discount and a true discount. It is a deduction with simple interest.
A discount is money off a product, a sales tax is money added to the price of a product, and a tip is money given to someone fr good service.
The main difference between, cash discount is shows in account book but tradediscount does not show in account book.
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What is the difference between a single trade discount and trade discount series? In: http://wiki.answers.com/Q/FAQ/2547-72 [Edit categories]
hi I'm Nivedita.the difference between discount and loss is discount is the reduced price whereas loss means the amount of money lost from the c.p.
Describe the difference between a single trade discount versus and discount series and give an example
1 billion equable whats?
difference b/w direct tax and indirect tax
I think the discount comes first and then the sales tax.
A 50% discount is half off, and a 33.33% discount is one third off.
discount allowed means the discount which is given by a seller to the buyer. and discount received means the discount received by the seller for purchases made