Discount Formula:
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The discount calculation determines the final price after applying a percentage reduction to the original price. It's commonly used in retail, finance, and business to calculate sale prices and savings.
The calculator uses the discount formula:
Where:
Explanation: The formula calculates the reduced price by subtracting the discount percentage from 100%, then multiplying by the original price.
Details: Accurate discount calculation is essential for businesses to determine sale prices, profit margins, and for consumers to understand their savings.
Tips: Enter the original price in USD and the discount percentage (0-100). Both values must be valid (price > 0, discount between 0-100).
Q1: How do I calculate the amount saved?
A: Subtract the "After" price from the "Before" price. This shows your total savings from the discount.
Q2: What if I want to calculate the original price from the discounted price?
A: Use the formula: Original Price = Discounted Price / (1 - Discount%/100)
Q3: Can I use this for multiple discounts?
A: For sequential discounts, apply each discount one after another rather than adding percentages.
Q4: How does this differ from markup calculations?
A: Markups increase prices while discounts decrease them. The formulas are similar but with opposite operations.
Q5: Is the result affected by sales tax?
A: No, this calculates the pre-tax discounted price. Sales tax would be applied to the final discounted amount.