1. What is Percentage Discount?

A percentage discount is a reduction in price expressed as a percentage of the original price. It's commonly used in retail, sales, and financial transactions to offer products or services at a reduced price.

2. How Does the Calculator Work?

The calculator uses the discount formula:

Where:

• \( Original \) — The original price before discount
• \( Percentage \) — The discount percentage (0-100)

Explanation: The formula calculates the reduced price by subtracting the discount amount from the original price.

3. Importance of Discount Calculation

Details: Accurate discount calculation is essential for both businesses and consumers to determine final prices, compare deals, and manage budgets effectively.

4. Using the Calculator

Tips: Enter the original price in dollars and the discount percentage (0-100). Both values must be positive numbers, with percentage between 0 and 100.

5. Frequently Asked Questions (FAQ)

Q1: How do I calculate the discount amount?
A: Discount Amount = Original Price × (Percentage/100)

Q2: What's the difference between percentage discount and fixed amount discount?
A: Percentage discount reduces price by a percentage, while fixed amount discount subtracts a specific dollar amount.

Q3: How do I calculate the original price if I know the discounted price?
A: Original Price = Discounted Price / (1 - Percentage/100)

Q4: Can the discount percentage be more than 100%?
A: No, a 100% discount means the item is free. Discounts over 100% would imply the seller pays you to take the item.

Q5: How do I calculate multiple successive discounts?
A: Apply each discount sequentially to the new price, not the original price.