Enter the initial (original) price and three discounts to calculate the final price of an item. You can also enter any four of the five fields to calculate the missing value.
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Triple Discount Formula
The following formula is used to calculate the final price of a good undergoing 3 different percentage discounts applied sequentially.
FP = IP × (1 − D1) × (1 − D2) × (1 − D3)
- Where FP is the final price
- IP is the initial (original) price
- D1 is the first discount rate expressed as a decimal (e.g., 10% = 0.10)
- D2 is the second discount rate expressed as a decimal
- D3 is the third discount rate expressed as a decimal
Triple Discount Definition
A triple discount is a reduction in the price of a good by 3 separate reductions in sequence.
How to calculate triple discount?
How to calculate a triple discount
- Determine the discounts and original price
Gather the original price and all three discounts in %.
- Calculate the price after the first discount.
Take the original price and subtract the original price × (1st discount/100).
- Calculate the price after the second discount
Take the price from step 2 and subtract the step-2 price × (2nd discount/100).
- Calculate the final price.
Take the price from step 3 and subtract the step-3 price × (3rd discount/100).
FAQ
What is a triple discount?
A triple discount refers to the process of applying three sequential discounts to the original price of an item. This method reduces the initial price in three separate stages, each with its own discount percentage.
How do you calculate the final price after applying multiple discounts?
To calculate the final price after multiple discounts, you subtract each discount from the price sequentially. For a triple discount, you first apply the first discount to the original price, then apply the second discount to the new subtotal, and finally, apply the third discount to the last subtotal to get the final price.
Can the order of discounts affect the final price of an item?
For standard percentage discounts applied sequentially to the running subtotal, the order does not change the final price, because the final multiplier is (1−a)×(1−b)×(1−c) in any order. Order can matter when mixing percentage discounts with fixed-dollar discounts, discount caps, or if rounding rules are applied after each step.