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Double Discount Price Calculator

Double Discount Formula:

\[ Final\ Price = Original\ Price \times (1 - \frac{d1}{100}) \times (1 - \frac{d2}{100}) \]

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1. What is Double Discount Calculation?

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.

2. How Does the Calculator Work?

The calculator uses the double discount formula:

\[ Final\ Price = Original\ Price \times (1 - \frac{d1}{100}) \times (1 - \frac{d2}{100}) \]

Where:

Explanation: The discounts are applied sequentially, with each discount calculated on the already discounted price from the previous step.

3. Importance of Double Discount Calculation

Details: Understanding how multiple discounts combine helps consumers evaluate true savings and businesses set appropriate pricing strategies.

4. Using the Calculator

Tips: Enter the original price in dollars, and both discount percentages (0-100). All values must be valid (price > 0, discounts between 0-100).

5. Frequently Asked Questions (FAQ)

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.

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