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Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.
Michael Dell founded Dell Computer Corporation, doing business as PC's Limited in 1984 while a student at the University of Texas at Austin, [13] operating from Michael Dell's off-campus dormitory room at Dobie Center. [14] The start-up aimed to sell IBM PC compatible computers built from stock components.
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