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Discount Calculator South Africa

Discount Formula:

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

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1. What is the Discount Calculator?

The Discount Calculator helps you determine the final price after applying a percentage discount to an original price in South African Rand (ZAR). It also shows the amount you'll save.

2. How Does the Calculator Work?

The calculator uses the discount formula:

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

Where:

Explanation: The formula calculates the discounted price by subtracting the discount percentage from 100%, converting it to a decimal, and multiplying by the original price.

3. Importance of Discount Calculation

Details: Accurate discount calculation is essential for budgeting, financial planning, and making informed purchasing decisions in South Africa.

4. Using the Calculator

Tips: Enter the original price in ZAR and the discount percentage (0-100). Both values must be positive numbers with discount percentage not exceeding 100%.

5. Frequently Asked Questions (FAQ)

Q1: Can I calculate multiple discounts?
A: For multiple discounts, apply them sequentially or use the formula: Final Price = Original × (1 - d1/100) × (1 - d2/100)...

Q2: How is VAT included in discounts?
A: In South Africa, discounts are typically applied to the VAT-inclusive price unless specified otherwise.

Q3: What's the difference between discount and markup?
A: A discount reduces the price, while a markup increases it. The formula for markup is similar: Marked Up = Original × (1 + Markup%/100).

Q4: How do I calculate the original price from discounted price?
A: Use: Original = Discounted / (1 - Discount%/100).

Q5: Are there rounding rules for ZAR?
A: South African prices are typically rounded to the nearest 5 cents for cash transactions, but exact amounts are used for electronic payments.

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