Question

Chaz bought eight boxes of disposable contact lenses for $360 and sent his receipt, along with four box tops, to the manufacturer. He later received a check for $30 from the manufacturer in the mail. Which type of discount is this

Answer 1

Answer: This type of discount is known as Rebate.

Explanation:

Since we have given that

Number of boxes of disposal contact lenses = 8

Cost of 8 boxes of disposal contact lenses = $360

He sent his receipt along with four box tops to the manufactures.

Amount he received from the manufacturer = $30

Since he is getting a discount as cash amount of $30.

It is special kind of discount.

It is called rebate.

As rebate is the partial refund ( sum of money) to someone.

Hence, this type of discount is known as Rebate.