The rebate given to the retailer by the wholesalerto enable him make profit is known as
Answer Details
The rebate given to the retailer by the wholesaler to enable him make a profit is known as a "trade discount".
A trade discount is a reduction in the price of goods or services that a supplier offers to a buyer, typically a retailer, in order to encourage them to purchase more or to make a profit on the sale. It is usually expressed as a percentage of the list price and is given at the time of the sale.
For example, a wholesaler may offer a 10% trade discount to a retailer who purchases a large quantity of goods. This means that the retailer can buy the goods at a lower price and then sell them at a higher price to make a profit.
In summary, a trade discount is a discount given by a supplier to a buyer in order to encourage them to purchase more or to make a profit on the sale.