Enter the original price, 1st discount %, and 2nd discount % into the double discount calculator. The calculator will display the final price and total savings.
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Double Discount Formula
The following formula can be used to calculate the final price of an item under a double discount.
FP = (IP-(IP*1D) - (IP-(IP*1D)*2D
- Where FP is the final price
- IP is the initial price
- 1D is the first discount
- 2D is the second discount
In the formula above the 1st and 2nd discounts are in terms of decimals. Percentages would need to be divided by 100.
Double Discount Definition
A double discount is defined as the final price of an item after to separate discounts have been applied to the original price.
How to calculate double discount?
How to calculate a double discount
- Determine the initial variables
First, determine the initial price, and both discounts.
- Calculate the price after the first discount
Subtract the initial price times the 1st discount from the initial price.
- Calculate the final price
Subtract the value from step 2 times the 2nd discount from the value in step 2.
FAQ
A double discount is a type of savings that applies to separate discounts to an item.
