How to Calculate Discount Price
Understanding discount calculations helps you evaluate deals while shopping. The discount formula lets you calculate the sale price and actual savings.
Discount Formula
Sale Price = MRP × (1 - Discount% / 100)
Where:
- MRP = Maximum Retail Price (original price)
- Discount% = Discount percentage offered
- Sale Price = Final price after discount
Step-by-Step:
- 1
Convert percentage
Divide the discount percentage by 100.
- 2
Calculate discount amount
Multiply MRP by the decimal discount.
- 3
Subtract
Subtract discount amount from MRP to get sale price.
Worked Examples:
Shopping discount
MRP: ₹2,000Discount: 30%
Result: ₹1,400
Discount = 2000 × 30/100 = 600. Sale Price = 2000 - 600 = ₹1,400