Discount Formula:
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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.
The calculator uses the discount formula:
Where:
Explanation: The formula calculates the final price after subtracting the discount amount from the original price.
Details: Accurate discount calculation helps consumers understand actual savings and businesses to properly price discounted items while maintaining profitability.
Tips: Enter the original price in INR and discount percentage (0-100). Both values must be valid (price > 0, percentage between 0-100).
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.