Question

Walter sees a sign on a store window announcing a 25 percent discount on a minimum purchase of $500. What type of discount is the store offering?

Answer 1

Contingent discount.

Explanation:

Given : Walter sees a sign on a store window announcing a 25 percent discount on a minimum purchase of $500.

To find : What type of discount is the store offering?

Solution :

According to the question,

The type of discount is contingent discount.

Contingent discounts are granted to a buyer with more certain requirements for cost.

As there is a requirement to have a minimum purchase of $500.

Therefore, Store offering contingent discount.

Answer 2

The store is offering a bulk-purchase discount.It means the more you buy the more you get the discount.Usually this type of sale is opened occasionally.