Enter the original price, 1st discount %, and 2nd discount % into the double discount calculator. The calculator will display the price after the first discount and the final price. For total savings, see our total savings calculator.
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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 \times (1 - D_1) \times (1 - D_2)
- Where FP is the final price
- IP is the initial price
- D1 is the first discount
- D2 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 two separate discounts have been applied sequentially 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 (as a decimal, or divide % by 100) from the initial price.
- Calculate the final price
Subtract the value from step 2 times the 2nd discount (as a decimal, or divide % by 100) from the value in step 2.
FAQ
A double discount is a type of discount where two separate discounts are applied sequentially to an item.