Triple Discount Formula:
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The Triple Discount Calculator calculates the final price after applying three successive percentage discounts to an original price. It's commonly used in retail, e-commerce, and financial calculations in the UK.
The calculator uses the triple discount formula:
Where:
Explanation: Each discount is applied sequentially to the remaining price after the previous discount.
Details: Understanding the cumulative effect of multiple discounts helps consumers make informed purchasing decisions and businesses set appropriate pricing strategies.
Tips: Enter the original price in pounds, then enter each discount percentage (without the % sign). All values must be valid (price > 0, discounts between 0-100).
Q1: Are the discounts applied simultaneously or sequentially?
A: The discounts are applied sequentially - each discount is applied to the price remaining after the previous discount.
Q2: Does the order of discounts matter?
A: Mathematically, the order doesn't affect the final price when multiplying percentages (commutative property of multiplication).
Q3: How is this different from adding the discounts together?
A: Adding discounts (e.g., 10% + 15% + 5% = 30%) would give a different (and incorrect) result compared to applying them sequentially.
Q4: Can I use this for more than three discounts?
A: The same principle applies - just multiply by additional (1 - dn) factors for each extra discount.
Q5: Does this calculator include VAT or other taxes?
A: No, this calculates only the discount effects. Taxes would need to be applied separately to the final discounted price.