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 = ?