What is a discount?
A discount is a reduction in the original price of a product or service. Discounts are usually expressed as a percentage. For example, a 25% discount on a $100 item means you save $25 and pay $75.
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A discount is a reduction in the original price of a product or service. Discounts are usually expressed as a percentage. For example, a 25% discount on a $100 item means you save $25 and pay $75.
To calculate the discounted price, multiply the original price by (1 − discount/100). For example, for a $120 item with 25% off: $120 × (1 − 0.25) = $120 × 0.75 = $90. You save $30 and pay $90.