Discount - Formula Sheet
š·ļø Discount - Formula Sheet
šÆ Basic Formulas
Discount Amount
Discount = Marked Price Ć Discount Rate / 100
Selling Price
SP = Marked Price - Discount
SP = MP Ć (100 - Discount%)/100
Marked Price
MP = SP / (100 - Discount%) Ć 100
š Successive Discounts
Two Successive Discounts
Effective Discount = dā + dā - (dā Ć dā)/100
Three Successive Discounts
Effective Discount = dā + dā + dā - (dāĆdā + dāĆdā + dāĆdā)/100 + (dāĆdāĆdā)/10000
š¢ Profit/Loss with Discount
Cost Price and Discount
CP = MP Ć (100 - d) Ć (100 + p) / 10000
Where:
- d = discount percentage
- p = profit percentage
Loss and Discount
CP = MP Ć (100 - d) Ć (100 - l) / 10000
Where l = loss percentage
ā” Quick Calculations
Discount Equivalents
10% discount = 1/10 of MP
20% discount = 1/5 of MP
25% discount = 1/4 of MP
50% discount = 1/2 of MP
Shopkeeper’s Profit
Shopkeeper's Profit = Discount Amount - Actual Discount
š Memory Tips
- Discount is always calculated on Marked Price
- Successive discounts: multiply the factors
- Effective discount < sum of individual discounts
- Check if question asks for CP, SP, or MP
Master Discount - Always calculate on Marked Price! š·ļø