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      Question

      While determining the Material Cost, _______ is not

      deducted from the purchase price. It is treated as interest and finance charges. It is ignored.
      A Trade discount Correct Answer Incorrect Answer
      B Subsidy/Grant received from the government Correct Answer Incorrect Answer
      C Cash discount Correct Answer Incorrect Answer
      D Quantity discount Correct Answer Incorrect Answer

      Solution

      The correct answer is C

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