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Discount Calculator India

Discount Formula:

\[ Discounted\ Price = Original\ Price \times (1 - Discount\ Percentage/100) \]

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1. What is Discount Calculation?

Discount calculation determines the reduced price of an item after applying a percentage discount to the original price. It's commonly used in retail, e-commerce, and financial transactions in India.

2. How Does the Calculator Work?

The calculator uses the discount formula:

\[ Discounted\ Price = Original\ Price \times (1 - Discount\ Percentage/100) \]

Where:

Explanation: The formula calculates the final price after subtracting the discount amount from the original price.

3. Importance of Discount Calculation

Details: Accurate discount calculation helps consumers understand actual savings and businesses to properly price discounted items while maintaining profitability.

4. Using the Calculator

Tips: Enter the original price in INR and discount percentage (0-100). Both values must be valid (price > 0, percentage between 0-100).

5. Frequently Asked Questions (FAQ)

Q1: How do I calculate discount percentage from prices?
A: Discount % = [(Original Price - Discounted Price)/Original Price] × 100

Q2: Are discounts applied before or after tax in India?
A: In India, discounts are typically applied before tax (GST is calculated on the discounted price).

Q3: What's the maximum discount percentage allowed?
A: There's no legal maximum, but discounts over 70% may require justification under consumer protection laws.

Q4: How do successive discounts work?
A: For multiple discounts, apply each one sequentially to the new price (not the original price).

Q5: Do discounts affect GST calculation?
A: Yes, GST in India is calculated on the transaction value after discounts.

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