A discount is a reduction in the price of a product or service. Discounts are typically expressed as a percentage, but may also be expressed as an amount, such as $10 off. To calculate a discount, you first need to know the original price of the product or service. Then, you can multiply the original price by the discount percentage or subtract the discount amount from the original price. For example, if a product originally costs $100 and there is a 20% discount, then the discount would be $20 and the final price would be $80.
Discounts are a great way to save money on purchases. They can be found in a variety of places, such as retail stores, online retailers, and service providers. There are many different types of discounts, such as senior discounts, student discounts, and military discounts. Discounting has been around for centuries. In the early days, discounts were often given to customers who bought in bulk. Today, discounts are used to attract new customers, increase sales, and clear out inventory.