Enter the initial price ($) and the percent off ($) into the Discounted Price Calculator. The calculator will evaluate and display the Discounted Price.

## Discounted Price Formula

The following formula is used to calculate the Discounted Price.

**DP = IP – IP*PO/100**

- Where DP is the Discounted Price ($)
- IP is the initial price ($)
- PO is the percent off ($)

## How to Calculate Discounted Price?

The following example problems outline how to calculate Discounted Price.

Example Problem #1:

- First, determine the initial price ($).
- The initial price ($) is given as: 50.

- Next, determine the percent off ($).
- The percent off ($) is provided as: 50.

- Finally, calculate the Discounted Price using the equation above:

DP = IP – IP*PO/100

The values given above are inserted into the equation below:

DP = 50 – 50*50/100 = 25.00 ($)

Example Problem #2:** **

For this problem, the variables needed are provided below:

initial price ($) = 60

percent off ($) = 20

This example problem is a test of your knowledge on the subject. Use the calculator above to check your answer.

DP = IP – IP*PO/100** = ?**