Scholarship Exam Preparation App
Class 7 - (Math )
Applied mathematics - Profit-Loss, Discount, Rebate, Commission
What is rebate?
a :
Increased Size
b :
Tax
c :
Rebate (Rebate)
d :
Loss
Explanation :
A rebate is adiscount or refundprovided on the price of a product or a tax liability under specific conditions. It is often granted by governments or organizations to promote certain goods (like Khadi) or to provide tax relief to specific income groups.