Understanding Discount Calculations

Introduction

This guide explains the formulas and concepts behind discount calculations.

Key Discount Concepts

  • Original Price:
    The initial price of the item before any discounts.

  • Discount Value:
    The amount or percentage by which the original price is reduced.

  • Final Price:
    The price of the item after the discount is applied.

Discount Calculation Formulas

  • Percentage Discount:
    Discount Amount = (Original Price * Discount Percentage) / 100
    Final Price = Original Price - Discount Amount

  • Fixed Amount Discount:
    Final Price = Original Price - Discount Amount

Understand discount calculations with this guide!

Use Discount Calculator