Net priceThe 'net' price
Price paid after the discount is subtracted is called the discount price. This is also commonly referred to as the net price.
A trade discount occurs when an item is offered along with another item that is paid for. A cash discount is a reduction in the price of an item.
If there has been a discount of 20% then the price you paid is 80% of the oroginal price. You will need to divide the price you paid by 80 and multiply that answer by 100 to get ther original price.
(100-20)/100=160/p80p=16000p=200
Net priceThe 'net' price
Price paid after the discount is subtracted is called the discount price. This is also commonly referred to as the net price.
The discount is the difference (subtraction) between the original price, and the price she actually paid.
Tax
net-price or sales price net price
Tax
Total after rebate.
A trade discount occurs when an item is offered along with another item that is paid for. A cash discount is a reduction in the price of an item.
To calculate the percentage discount, first find the difference between the original price and the final price: 16.95 - 15.96 = 0.99. Then, divide the discount amount by the original price and multiply by 100 to get the percentage discount: (0.99 / 16.95) * 100 ≈ 5.84%.
If there has been a discount of 20% then the price you paid is 80% of the oroginal price. You will need to divide the price you paid by 80 and multiply that answer by 100 to get ther original price.
She got a 30% discount on the shoes!
If Greg got a 30% discount, he paid 70% of the original price- if they only ask for the percentage of the original price, the actual original price is irrelevant.