Discount Formula:
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The Discount Calculator computes the final price after applying a percentage discount to an original price. It's useful for shoppers, retailers, and financial calculations.
The calculator uses the discount formula:
Where:
Explanation: The formula subtracts the discount amount (original price multiplied by discount percentage) from the original price.
Details: Accurate discount calculation helps consumers understand savings, businesses set profitable pricing strategies, and financial analysts evaluate promotions.
Tips: Enter original price in USD and discount as a decimal (e.g., 0.15 for 15%). Both values must be valid (price > 0, discount between 0-1).
Q1: How do I convert percentage to decimal?
A: Divide the percentage by 100 (e.g., 25% = 0.25).
Q2: Can I calculate multiple discounts?
A: For sequential discounts, apply each discount one after another to the new price.
Q3: What's the difference between discount and markup?
A: Discount reduces price, markup increases cost price to determine selling price.
Q4: How do I calculate the discount percentage from prices?
A: Use: ((Original - Discounted) / Original) × 100.
Q5: Does this work for currency conversions too?
A: No, this only calculates price reductions. Currency conversion requires exchange rates.