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Discount Percentage Formula

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A Discount Percentage is the discount offered as a percentage. Check FAQs

D% = (\frac{LP - SP}{SP}) \cdot 100

D% - Discount Percentage?LP - List Price?SP - Price Paid?

Discount Percentage Example

With values

With units

Only example

Here is how the Discount Percentage equation looks like with Values.

Here is how the Discount Percentage equation looks like with Units.

Here is how the Discount Percentage equation looks like.

3 = (\frac{51.5 - 50}{50}) \cdot 100

3 = (\frac{51.5 - 50}{50}) \cdot 100

3 = (\frac{51.5 - 50}{50}) \cdot 100

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Discount Percentage Solution

Follow our step by step solution on how to calculate Discount Percentage?

FIRST Step Consider the formula

D% = (\frac{LP - SP}{SP}) \cdot 100

Next Step Substitute values of Variables

∴

D% = (\frac{51.5 - 50}{50}) \cdot 100

Next Step Prepare to Evaluate

∴

D% = (\frac{51.5 - 50}{50}) \cdot 100

LAST Step Evaluate

∴

D% = 3

Discount Percentage Formula Elements

Variables

Discount Percentage

A Discount Percentage is the discount offered as a percentage.

Symbol: D%

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Discount Percentage

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

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How to Evaluate Discount Percentage?

Discount Percentage evaluator uses Discount Percentage = ((List Price-Price Paid)/Price Paid)*100 to evaluate the Discount Percentage, Discount Percentage refers to the condition of the price of a bond that is lower than par, or face value per hundred. Discount Percentage is denoted by D% symbol.

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

FAQs on Discount Percentage

What is the formula to find Discount Percentage?

The formula of Discount Percentage is expressed as Discount Percentage = ((List Price-Price Paid)/Price Paid)*100. Here is an example- 3 = ((51.5-50)/50)*100.

How to calculate Discount Percentage?

With List Price (LP) & Price Paid (SP) we can find Discount Percentage using the formula - Discount Percentage = ((List Price-Price Paid)/Price Paid)*100.

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Discount Percentage Formula

Discount Percentage Example

Discount Percentage Solution

Discount Percentage Formula Elements

Other formulas in Basics of Financial Accounting category

How to Evaluate Discount Percentage?

FAQs on Discount Percentage

Variable Name