Question:
The formula used by a supplier with discounts, taxes, freight, etc. is:
The formula used by a supplier with discounts, taxes, freight, etc. is:
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The market formula incorporates all cost factors, including discounts, taxes, and freight, to determine a competitive final price.
Updated On: Dec 19, 2024
- Supply formula
- Purchase formula
- Market formula
- Sales formula
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The Correct Option is C
Solution and Explanation
The market formula is used by suppliers to determine the final price of a product, taking into account various factors such as discounts, taxes, and freight charges. It helps calculate the price that is competitive in the market while covering the supplier’s costs.
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