WorksheetsUnderstanding Discounts and Payment Methods
Total questions: 8
Worksheet time: 4mins
What is the purpose of a Promotional Discount?
To reward frequent customers
To promote a new product or service
To reduce immediate payment
To increase stock turnover.
Which discount is given to customers who return frequently?
Volume Discount
Seasonal Discount
Loyalty Discount
Cash Discount
What is one advantage of discounts?
They decrease sales
They attract new customers
They increase product prices
They discourage purchases.
How do discounts help with stock?
They increase stock
They help move unsold products
They make stock more expensive
They reduce stock variety.
What do many credit cards offer as a benefit?
No credit limit
Points or cashback
Higher interest rates
No payment flexibility
Which of the following is an advantage of using a debit card?
Helps avoid debt
Allows spending beyond account balance
Offers credit rewards
Requires interest payments
What is a benefit of using a debit card over a credit card?
Immediate transactions
Higher credit limit
Cashback offers
Lower interest rates
Which statement is true about debit cards?
They are less secure than credit cards
They help in maintaining a strict budget
They always offer cashback
They have high interest rates.
