About Discounts

A discount is a reduction in the price of a good or service. The two most common types are percent off and fixed amount off. Discounts are widely used in retail, e-commerce, and service industries to attract customers and boost sales.

Types of Discounts

• Percent Off: A percentage is subtracted from the original price. For example, 20% off a $100 item saves you $20.
• Fixed Amount Off: A fixed dollar amount is subtracted from the original price. For example, $15 off a $100 item means you pay $85.

How to Calculate

• Percent Off: Price After = Price Before × (1 - Discount % / 100)
• Fixed Amount Off: Price After = Price Before - Discount Amount

Stackable Discounts

Some stores allow multiple discounts to be applied in sequence. For example, 20% off, then an additional 10% off the reduced price. In such cases, apply each discount step by step.

Why Use Discounts?

• Encourage purchases and clear inventory
• Reward loyal customers
• Promote new products or services
• Compete with other businesses

Important Considerations

• Always check the final price before purchase
• Some discounts may not be stackable
• Read the terms and conditions of the offer