Double Discount Formula:
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The double discount calculation determines the final price after applying two successive percentage discounts to an original price. This is common in retail when multiple promotions are applied to a product.
The calculator uses the double discount formula:
Where:
Explanation: The discounts are applied sequentially, with each discount calculated on the already discounted price from the previous step.
Details: Understanding how multiple discounts combine helps consumers evaluate true savings and businesses set appropriate pricing strategies.
Tips: Enter the original price in dollars, and both discount percentages (0-100). All values must be valid (price > 0, discounts between 0-100).
Q1: Is the final discount equal to the sum of the two discounts?
A: No, the effective total discount is slightly less than the sum due to compounding effects.
Q2: Does the order of discounts matter?
A: Mathematically, the order doesn't affect the final price (d1 then d2 gives same result as d2 then d1).
Q3: How do I calculate the equivalent single discount?
A: Equivalent single discount = 100 × (1 - (1-d1/100)×(1-d2/100))%
Q4: What if I have more than two discounts?
A: The formula extends similarly: multiply by (1-d3/100), (1-d4/100), etc.
Q5: How does this differ from adding the discount percentages?
A: Adding percentages would give d1+d2, but the actual discount is less due to the second discount being applied to a reduced amount.