You are saving 5Rs at a 25% discount.
It is called a discount, and is normally a percentage of the regular sales price.
It is called a discount, and is normally a percentage of the regular sales price.
This is the amount of the company's sales that is spent in selling and distribution efforts. To calculate, divide the selling and admin costs by the revenue and multiply the result by 100 (all figures can be found on the company balance sheet).
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Discount allowed is that amount which is given by our company to others while discount received is that amount which is received by our company from others.while discount allowedDebit discount allowedCredit cashwhile discount receivedDebit cashCredit discount received
you take the amount of the discount and divide it by the cost of the item, the answer will be your percentage. ex: 10.00 item with a 2.50 discount = 25%
Take the amount saved, divide it by discount percentage then multiply the result by 100.
A discount is a reduction of an item price either by a percentage or a fixed amount, resulting in net lower cost.
You need to know the discounted price and either the discount amount or the discount rate. If you know the discount amount: Original Price = Discounted Price + Discount If you know the Discount Rate (percentage discount ): Original Price = 100*Discounted Price / (100 - Discount Rate)
A discount is a reduction of the original price of an item. It can be a percentage or a fixed amount of the original figure. In finance the same principle applies.
To find the discount multiply $15.99 by .20 (20%), which equals $3,20. Her discount is $3.20.