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Discount given List Price and Price Paid Formula

GoDiscount given Discount Rate and List Price Formula

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Discount is the difference between the selling price and the price paid for the item. Check FAQs

Disc = LP - SP

Disc - Discount?LP - List Price?SP - Price Paid?

Discount given List Price and Price Paid Example

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With units

Only example

Here is how the Discount given List Price and Price Paid equation looks like with Values.

Here is how the Discount given List Price and Price Paid equation looks like with Units.

Here is how the Discount given List Price and Price Paid equation looks like.

1.5 = 51.5 - 50

1.5 = 51.5 - 50

1.5 = 51.5 - 50

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Discount given List Price and Price Paid Solution

Follow our step by step solution on how to calculate Discount given List Price and Price Paid?

FIRST Step Consider the formula

Disc = LP - SP

Next Step Substitute values of Variables

∴

Disc = 51.5 - 50

Next Step Prepare to Evaluate

∴

Disc = 51.5 - 50

LAST Step Evaluate

∴

Disc = 1.5

Discount given List Price and Price Paid Formula Elements

Variables

Discount

Discount is the difference between the selling price and the price paid for the item.

Symbol: Disc

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Discount

List Price

List Price is the price of an article as shown in a list issued by the manufacturer.

Symbol: LP

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find List Price

Price Paid

The price paid is the price at which the consumer buys a product.

Symbol: SP

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Price Paid

Other Formulas to find Discount

Go Discount given Discount Rate and List Price

Disc = DR \cdot LP

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TSE = TA - TL

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How to Evaluate Discount given List Price and Price Paid?

Discount given List Price and Price Paid evaluator uses Discount = List Price-Price Paid to evaluate the Discount, Discount given List Price and Price Paid is the reduction on the listed price of the item. It is also called rebate or concession in daily life. Discount is denoted by Disc symbol.

How to evaluate Discount given List Price and Price Paid using this online evaluator? To use this online evaluator for Discount given List Price and Price Paid, enter List Price (LP) & Price Paid (SP) and hit the calculate button.

FAQs on Discount given List Price and Price Paid

What is the formula to find Discount given List Price and Price Paid?

The formula of Discount given List Price and Price Paid is expressed as Discount = List Price-Price Paid. Here is an example- 75 = 51.5-50.

How to calculate Discount given List Price and Price Paid?

With List Price (LP) & Price Paid (SP) we can find Discount given List Price and Price Paid using the formula - Discount = List Price-Price Paid.

What are the other ways to Calculate Discount?

Here are the different ways to Calculate Discount-

Discount=Discount Rate*List Price

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Discount given List Price and Price Paid Formula

​GoDiscount given Discount Rate and List Price Formula

Discount given List Price and Price Paid Example

Discount given List Price and Price Paid Solution

Discount given List Price and Price Paid Formula Elements

Other Formulas to find Discount

Other formulas in Basics of Financial Accounting category

How to Evaluate Discount given List Price and Price Paid?

FAQs on Discount given List Price and Price Paid

Variable Name

GoDiscount given Discount Rate and List Price Formula