Candidates’ performed poorly in this question.  Answers were out-rightly wrong in most   cases. The following types of discount should be noted:
   Trade discount:is a reduction in the catalogue price of a commodity given to retailers to enable them take profit.
            Quantity discount: is a reduction in price based on the volume of goods purchased by a retailer.
            Cash discount: : is a reduction in the debt payable by a retailer who pays before due date.
            Seasonal discount:      is a reduction in price to buyers who order and pay for goods during and off seasons.