Discount Calculator
Please provide any 2 values below to calculate.
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Understanding Discounts
A discount is a reduction in the selling price of a product or service. Examples include "20% off," "$10 off," or "Buy One Get One Free." Retailers use discounts to clear inventory or attract customers.
Percent vs. Fixed Amount
- Percent Off: You save a portion relative to the price. This is better for high-ticket items. 10% off a $1000 laptop saves you $100.
- Fixed Amount Off: You save a specific dollar amount. This is often better for lower-priced items. $5 off a $10 item is a 50% discount.
Calculation Examples
Example 1 (Percent): A shirt costs $50 with 15% off.
Savings = 50 × 0.15 = $7.50
Final Price = 50 - 7.50 = $42.50
Example 2 (Fixed): A bill is $100 with a $20 coupon.
Final Price = 100 - 20 = $80
Double Discounts?
If a store offers "20% off plus an extra 10% off", calculate the first 20% off. Then apply the 10% discount to the new, reduced price. It is not simply 30% off.