Coupon Discount Formula:
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The coupon discount formula calculates the final price after applying a percentage discount to an original price. It's commonly used in retail and e-commerce to determine sale prices.
The calculator uses the following formula:
Where:
Explanation: The formula subtracts the discount percentage from 1 to get the multiplier for the original price.
Details: Accurate discount calculation helps both consumers and businesses determine final prices, compare deals, and manage budgets effectively.
Tips: Enter the original price in dollars and the coupon percentage (0-100). Both values must be valid (price > 0, coupon between 0-100).
Q1: How do I calculate a $10 discount on a $50 item?
A: First convert dollar discount to percentage (10/50 = 20%), then apply the formula: $50 × (1 - 0.20) = $40.
Q2: What if I have multiple coupons?
A: Apply them sequentially, using the new discounted price for each subsequent coupon calculation.
Q3: Does this work for percentage increases too?
A: Yes, use a negative percentage (e.g., -10% for a 10% price increase).
Q4: How precise are the calculations?
A: Results are rounded to 2 decimal places (cents) for currency formatting.
Q5: Can I use this for bulk pricing?
A: Yes, the formula works the same regardless of quantity, but doesn't account for volume discounts.