Answer: "The percentage used to discount the price of something for sale."
For example: If the percent discount of a product/service is 15% or (15 percent), then it would be calculated as follows:
Price: 50$
Discount: 15% (to convert to decimal, divide 15 by 100 = .15)
Discounted Price: 50 - (50 * .15) = 50 - 7.5 = 42.50 <--this is the discounted price or the lower price the customer would pay for the product/service.
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70 percent is the greater discount.
A 50% discount is half off, and a 33.33% discount is one third off.
The trade discount of 5678 with a 25 percent discount would be 4258.50. This is considered to be a math problem.
The discount value is $11.99 and the sale price is $67.99
72.21% discount from 14 to 3.89