This discount calculator allows you to find the reduced price of a product and the amount of money you save. You can also use it for the reverse and calculate the size of the discount or the original price.
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What is discount?
A discount is a reduction of the basic price of a good or a service. It can occur on any stage in the process of production or sale, suppliers can put a discount on item prices, or retailers can put a discount tag that says 20% OFF! on the product/item.
Discounts are often made to prompt sales of outdated stock,promote business, reward customers, attract attention or increase profits in the short term.
How to calculate discount?
There are three most common types of discount that you can calculate online.
1. Discount off one item
2. Fixed amount off
3. 2 for 1 discount
Select the setting on the calculator for the discount offer you see to find out the correct discount.
Discount formula
What are the types of discounts?
There are mainly 3 different types of discounts.
1. Percentage discount: how much you can save on one item with a discount
2. Fixed amount off: enter the amount of the original price and the discount rupee value to find the new price and the amount you will save on an item
3. 2 for 1 discount: If the items are of a different amount, the cheapest item would be free, so enter the price for both items to find the amount you will pay in the transaction
