Discount

Discount means that the price is reduced (below the regular price).

DISCOUNT FORMULAS:

Calculating the Percentage Discount (Discount Rate)

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Calculating the amount of a Discount:

If we know the discount rate (% Discount) and the original price

Discount = Discount rate Original price

 

If we know the Sale price and the Original Price

Discount = Original price – Sale Price

 

Calculating the Sale Price

If we know the Sale price and the Discount

 

Sale Price = Original price – Discount        

 

If we know the discount rate (% Discount) and the original price

Sale Price = Original price – %Discount Original price        

Sale Price = Original price (1- %Discount)

 

Calculating the Original Price

If we know the discount rate (% Discount) and the Sale price

 Original price = Sale Price / (1- %Discount)

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