Post makes several varieties of cereals. In promoting this product line, Post offers a 50-cents-off coupon that can be used to purchase any of its cereals. What type of discount is this?
A)cash discounts
B)cumulative discount
C)quantity discount
D)noncumulative discount

Question

Quizplus · Accepted Answer

This is a cash discount because it directly reduces the purchase price of the cereal when the coupon is used at the time of purchase.

Post Makes Several Varieties of Cereals