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What is the term used to describe a discount that is subtracted from the purchase price of a product?

a. dividend
b. profits
c. refund
d. rebate

1 Answer

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Answer: D. rebate

A rebate is the term used to describe a discount that is subtracted from the purchase price of a product. It is a portion of the price that is returned by the seller to the buyer within a specific time.

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