Enter the original price, 1st discount %, and 2nd discount % into the double discount calculator. The calculator will display the final price and total savings.

## 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

**What is a double discount?**

A double discount is a type of savings that applies to separate discounts to an item.