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What concept is related to selling an article at a price lower than its marked price?
  • a)
    Profit
  • b)
    Loss
  • c)
    Discount
  • d)
    Revenue
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
What concept is related to selling an article at a price lower than it...
Selling an article at a price lower than its marked price is referred to as giving a discount. This practice is common in retail and marketing to attract customers by offering reduced prices from the originally stated or advertised price.

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What concept is related to selling an article at a price lower than its marked price?a)Profitb)Lossc)Discountd)RevenueCorrect answer is option 'C'. Can you explain this answer?
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What concept is related to selling an article at a price lower than its marked price?a)Profitb)Lossc)Discountd)RevenueCorrect answer is option 'C'. Can you explain this answer? for UGC NET 2025 is part of UGC NET preparation. The Question and answers have been prepared according to the UGC NET exam syllabus. Information about What concept is related to selling an article at a price lower than its marked price?a)Profitb)Lossc)Discountd)RevenueCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UGC NET 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What concept is related to selling an article at a price lower than its marked price?a)Profitb)Lossc)Discountd)RevenueCorrect answer is option 'C'. Can you explain this answer?.
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