Discount means that the price is reduced (below the regular price).
DISCOUNT FORMULAS:
Calculating the Percentage Discount (Discount Rate)
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)
CM05 Discount_1
CM06 Discount_2
CM07 Discount_3