Question

A car is offered at ₹10,000 less for a short time to clear extra stock. Which sales promotion activity does this represent?

Options

• Refund

• Lucky draw

• Rebate

• Quantity gift

Answer 1

A rebate means offering a special temporary price to clear extra stock, such as a car at ₹10,000 less for a short time. The price reduction is temporary and aimed at moving surplus inventory.