Understanding Unit Price Calculations

Introduction

This guide explains the formulas and concepts behind unit price calculations.

Key Unit Price Concepts

• Total Cost:
  The total price of the product.

• Quantity:
  The amount of the product.

• Unit Price:
  The price per unit of the product.

Unit Price Calculation Formula

Unit Price = Total Cost / Quantity

Related Guides

• Unit Price Calculator Overview
• How to Use the Unit Price Calculator
• Applications of Unit Price Calculator
• Tips for Smart Shopping with Unit Price

Understand unit price calculations with this guide!

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

Understanding Percentage Calculations

Introduction

This guide explains the formulas and concepts behind percentage calculations.

Key Percentage Concepts

• Percentage:
  A way of expressing a number as a fraction of 100.

• Base Value:
  The original value to which a percentage is applied.

• Result Value:
  The value obtained after applying a percentage to the base value.

Percentage Calculation Formulas

• Percentage of a Number:
  Result = (Percentage / 100) * Base Value

• Percentage Increase/Decrease:
  New Value = Base Value + (Percentage / 100) * Base Value (for increase)
  New Value = Base Value - (Percentage / 100) * Base Value (for decrease)

Understanding Loan Calculations

Introduction

This guide explains the formulas and concepts behind loan calculations.

Key Loan Parameters

• Loan Amount (Principal):
  The initial amount of money borrowed.

• Interest Rate:
  The percentage charged by the lender for borrowing the money.

• Loan Term:
  The length of time you have to repay the loan.

• Monthly Payment:
  The amount you pay each month to repay the loan.

Loan Calculation Formulas

• Monthly Payment (M):
  M = P [ i(1 + i)^n ] / [ (1 + i)^n – 1]
  Where:
  P = Principal loan amount
  i = Monthly interest rate
  n = Number of months