Discount Formula:
From: | To: |
Definition: This calculator determines the final price after a percentage discount is applied to an original price.
Purpose: It helps shoppers and businesses quickly calculate sale prices and discounts in pounds sterling.
The calculator uses the formula:
Where:
Explanation: The discount percentage is converted to a decimal (divided by 100) and subtracted from 1 to get the multiplier for the original price.
Details: Accurate discount calculations ensure proper pricing during sales, help with budgeting, and allow for price comparisons between retailers.
Tips: Enter the original price in GBP and the discount percentage (0-100). Both values must be positive numbers with % Off between 0 and 100.
Q1: How do I calculate a 20% discount?
A: Enter the original price and 20 in the % Off field. The calculator will show the discounted price and savings.
Q2: Can I use this for multiple discounts?
A: This calculates a single discount. For multiple discounts, apply them sequentially or use the formula (1 - d1)(1 - d2)... where d is decimal discount.
Q3: Does this include VAT?
A: The calculator works with gross prices including VAT. For VAT-exclusive calculations, adjust the price first.
Q4: How do I reverse calculate to find original price?
A: Use Original Price = Discounted Price / (1 - Discount Percentage/100)
Q5: What's the maximum discount I can enter?
A: The calculator accepts 0-100% discounts. A 100% discount means the item is free.