Discount Formula:
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The Discount Calculator helps you calculate the final price after applying a percentage discount to an original price. It's a useful tool for shoppers and businesses to determine sale prices and savings amounts.
The calculator uses the discount formula:
Where:
Explanation: The formula calculates the reduced price by subtracting the discount amount from the original price.
Details: Accurate discount calculation is essential for budgeting, financial planning, and making informed purchasing decisions. It helps consumers identify genuine savings and businesses set appropriate sale prices.
Tips: Enter the original price in pounds, the discount percentage (0-100%), and click calculate. All values must be valid positive numbers.
Q1: Can I calculate multiple discounts?
A: For multiple discounts, apply them sequentially or use the compound discount formula.
Q2: How do I calculate the discount percentage from prices?
A: Discount % = [(Original Price - Discounted Price) / Original Price] × 100
Q3: Does this work for any currency?
A: While designed for UK pounds, the calculation works for any currency by replacing the £ symbol.
Q4: What about VAT and other taxes?
A: This calculator shows pre-tax discounts. For post-tax calculations, additional factors need consideration.
Q5: Can I calculate reverse discounts?
A: Yes, to find the original price from a discounted price: Original = Discounted Price / (1 - Discount % / 100)