How to calculate the discount amount?
Calculate the percentage representing the amount after discount. the amount base of the lamp corresponds to 100%. the discount corresponds to 20%. The percentage representing the amount after discount is therefore given by: 100%−20%=80%2.
Calculation of a rebate The calculation of a rebate is done according to the same principle as that used to calculate the tax; it amounts to a calculation of “so many percent”. However, rather than adding a certain amount to the base price, as in the case of taxes, the value of the purchase must be reduced by a certain amount.
The leading discount calculator in Switzerland. Find out what the true amount of a specific discount is. You can calculate a discount in % or in absolute terms, or calculate the reduced price or the regular price. You can find other Swiss calculators from moneyland.ch in the calculator overview.
The estimate of the total amount (with taxes) is $23. By calculating the taxes precisely, we would have obtained $22.94. We can therefore see that this estimate is very acceptable. The calculation of a rebate is done according to the same principle as that used to calculate the tax; it amounts to a calculation of “so many percent”.
However, the discount is usually calculated first. In the following example, we will consider that the sum of the GST and the QST is 15%. Hugo goes to a sports shop to get a new snowboard. As it’s the end of the season, there is a 30% discount on everything in store.