Question 1

How do you calculate discount percentage?

Accepted Answer

To calculate discount percentage, divide the discount amount by the original price and multiply by 100. Formula: Discount Percentage = (Discount Amount ÷ Original Price) × 100%. For example, if an item originally costs $100 and is on sale for $75, the discount is $25. The discount percentage is ($25 ÷ $100) × 100 = 25%.

Question 2

How to calculate final price after discount?

Accepted Answer

To calculate the final price after discount, multiply the original price by the discount percentage, then subtract from the original price. Formula: Final Price = Original Price - (Original Price × Discount % ÷ 100). Or simplified: Final Price = Original Price × (1 - Discount % ÷ 100). For 25% off $100: $100 × (1 - 0.25) = $75.

Question 3

What is a good discount percentage?

Accepted Answer

A good discount varies by product category. General retail: 25-30% is good, 50%+ is excellent. Electronics: 15-20% is good, 30%+ is excellent. Fashion: 30-40% is good, 60%+ is excellent (end of season). Home goods: 20-30% is good, 40%+ is excellent. Black Friday and holiday sales typically offer 30-70% off. Compare across retailers to verify true value.

Question 4

How to calculate discount amount from percentage?

Accepted Answer

To calculate the discount amount from a percentage, multiply the original price by the discount percentage and divide by 100. Formula: Discount Amount = Original Price × (Discount % ÷ 100). For example, 30% off a $200 item: $200 × 0.30 = $60 discount. The final price would be $200 - $60 = $140.

Question 5

How do you reverse calculate the original price?

Accepted Answer

To find the original price when you know the sale price and discount percentage, divide the sale price by (1 - discount percentage). Formula: Original Price = Sale Price ÷ (1 - Discount % ÷ 100). For example, if the sale price is $75 after 25% off: $75 ÷ (1 - 0.25) = $75 ÷ 0.75 = $100 original price.

Question 6

Can you stack discounts and how does it work?

Accepted Answer

Yes, discounts can often be stacked, but they apply sequentially, not additively. If you have a 20% discount and then apply another 10% off, you don't get 30% total. Instead: 20% off $100 = $80, then 10% off $80 = $72 (total 28% off, not 30%). Always apply percentage discounts before fixed dollar amounts for maximum savings.

Question 7

What's the difference between discount percentage and markup?

Accepted Answer

Discount percentage is calculated from the original higher price downward, while markup is calculated from the cost upward. A 50% discount from $100 = $50 sale price. But a 50% markup on $50 cost = $75 selling price (not $100). This is why 'up to 50% off' is more impressive than '50% markup.' The formulas have different denominators.

Question 8

How to calculate multiple successive discounts?

Accepted Answer

For multiple successive discounts, apply each discount to the result of the previous one. Formula: Final Price = Original Price × (1 - D1%) × (1 - D2%) × (1 - D3%). For example, with 20% off, then 10% off, then 5% off on $100: $100 × 0.80 × 0.90 × 0.95 = $68.40. Total savings: $31.60 or 31.6% (not 35%).

Question 9

When are the best times to find deep discounts?

Accepted Answer

Best discount periods: Black Friday/Cyber Monday (Nov): 30-70% off electronics, fashion. Post-holiday clearance (Jan): 50-80% off seasonal items. End of season sales (Feb, Aug): 40-70% off fashion. Amazon Prime Day (July): 20-50% off. Memorial Day/Labor Day: 25-40% off furniture, mattresses. Sign up for price alerts and compare across multiple retailers.

Question 10

How to verify if a discount is genuine?

Accepted Answer

To verify genuine discounts: 1) Check price history using tools like CamelCamelCamel or Honey. 2) Compare prices across multiple retailers. 3) Verify the 'original price' isn't artificially inflated. 4) Check if the item is frequently on sale at this price. 5) Research average market prices. 6) Beware of 'MSRP' that's higher than actual retail. Some retailers inflate original prices to make discounts seem larger.

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