To calculate the discount percentage, Subtract the discounted price from the original price to get the discount amount. Divide the discount amount by the original price and multiply by 100 to get the discount percentage.
What is the basic discount formula?
The basic discount formula is as follows : Discount amount = Original price x Discount rate, Where the Discount rate is usually a percentage, and the resulting Discount amount is the difference between the original price and the discounted price.
What is a discount?
A discount is a reduction in the price of a product or service, usually given to customers as an incentive to purchase or to reward loyalty.
What is a discount percentage?
A discount percentage is the percentage amount by which the price of a product or service is reduced from its original price as part of a discount offer.
How do you calculate 10% discount?
To calculate a 10% discount, multiply the original price by 0.1, which gives you the discount amount, and then subtract the discount amount from the original price to get the discounted price.