Discount Price

Discount Price Calculator

This calculator determines the final price of an item after a percentage discount is applied.

Use Cases

• Shopping: Calculating sale prices.
• Retail: Setting promotional prices.
• Budgeting: Estimating savings on purchases.

Formula

$$\text{Final Price} = \text{Original Price} - (\text{Original Price} \times \text{Discount Rate})$$

Where:

• Discount Rate is a decimal (e.g., 20% = 0.20)