A Double Discount Calculator helps consumers and businesses determine the final price of a product or service when two consecutive discounts are applied. Many retailers and online stores offer multiple discounts, and manually calculating the final price can be tricky. This calculator simplifies the process, ensuring accurate results instantly.
Formula of Double Discount Calculator
Final Price = Original Price × (1 - First Discount) × (1 - Second Discount)Where:
- Original Price is the starting price before any discounts
- First Discount is the first discount rate (express as a decimal)
- Second Discount is the second discount rate (express as a decimal)
- Final Price is the price after both discounts are apply
Common Terms and Conversion Table
| Term | Definition |
|---|---|
| Original Price | The initial cost of an item before any discounts |
| First Discount | The first percentage discount applied to the original price |
| Second Discount | The second percentage discount applied after the first discount |
| Final Price | The total cost after both discounts are applied |
| Discount Percentage | The rate of discount offered on a product |
| First Discount (%) | Second Discount (%) | Effective Discount (%) |
| 10% | 10% | 19% |
| 20% | 10% | 28% |
| 30% | 10% | 37% |
| 40% | 10% | 46% |
| 50% | 10% | 55% |
Example of Double Discount Calculator
Imagine you purchase an item that originally costs $200. The store offers a 20% discount, followed by an additional 10% discount.
Final Price = 200 × (1 - 0.20) × (1 - 0.10)
= 200 × 0.80 × 0.90
= 144Your final price after both discounts is $144.
Most Common FAQs
Discounts are apply consecutively. Meaning the second discount is taken from the already reduce price, not the original price. This results in a slightly lower final price than a single 30% discount.
Yes, as long as you input the price and receive the output in the same currency, the calculator works for any monetary system.
Absolutely! Businesses can use this tool to calculate sale prices and promotional discounts accurately, helping with pricing strategies and customer transparency.