(i) Who is wholesaler? (ii) Who is retailer?

Question

Study the following case/situation and express your opinion.

Sonupant purchases his grocery material every month from nearest Nandulal grocery shop and he purchase wheat, rice and pulses in bulk for whole year from Gorhe and Son’s Market yard.

(i) Who is wholesaler?

(ii) Who is retailer?

(iii) Any one difference between wholesaler and retailer?

Answer 1

(i) Gorhe and Son’s Market yard.

(ii) Nandulal grocery shop is the retailer.

(iii) Goods are sold to retailer for the purpose of sale by wholesaler. 

Goods are sold to customer for consumption by the retailer.