Discount formula = Discount refers to the condition of the price of a bond that is lower than the face value. The discount equals the difference between the price paid for and it’s par value.
Discount is a kind of reduction or deduction in the cost price of a product. It is mostly used in consumer transactions, where people are provided with discounts on various products. The discount rate is given in percentage.
Discount=List Price−Selling Price
Therefore,
Selling Price=List Price−Discount
List Price=Selling Price + Discount
Discount Percentage Formula
Rate of Discount=Discount%=DiscountListPrice×100
Selling Price = List Price(100−discount%100)
List Price = Selling Price(100100−discount%)
