You're asking how to calculate the final sale price of a discounted good. The formula is: Original Price - (Original Price * Discount Rate).
As an example, let's say a laptop is priced at $499.99 and the store is offering a 10% discount.
Our equation would look like: $499.99 - (499.99 x 0.10) = 449.99.
To find the discount rate, subtract the sales price from the original price to determine the discount amount. Then, divide the discount amount by the original price. Finally, multiply the result by 100 to convert it into a percentage. The formula can be summarized as: Discount Rate (%) = [(Original Price - Sales Price) / Original Price] × 100.
To find the retail price after a 7.5% sales discount on an item priced at $85.99, you first calculate the discount amount by multiplying $85.99 by 0.075, which equals approximately $6.45. Subtracting this discount from the original price gives a final retail price of about $79.54.
In most states, sales tax is applied to the final purchase price, thus the answer to this question would be the discount price.
The discount is 75.1%
143.10
34% discount
The answer will depend on what information you do have.
The original price was $104.00
20%
In most states, sales tax is applied to the final purchase price, thus the answer to this question would be the discount price.
The discount is 75.1%
143.10
3:2
Sales discount is the reduction in price of value of sales to customer for promotional purposes.
It the context of the calculation of percentage changes, it is either the price before taxes (sales, VAT) are added, a price increase, or before a discount is applied.
Discount a/c Dr 20 Raman Industries Dr 80 To Sales 100 (Sales book & discount given )
discount is an amount deducted from the usual list price