Calculate the net cost price for
A good priced at $750.00
Use a chain discount of 25/20%
Method 1: Equivalent Discount
Step 1: (100% - 25%) * (100% - 20%)
Step 2: 0.75 * 0.8 = 0.6
Step 3: 100% - 60% = 40%
Step 4: Discount = $750.00 * 0.4 = $300.00
Step 5: Net Cost Price = $750.00 - $300.00 = $450.00
Alternative Method Price
Price * Discount Percent 1 = ($750.00 * 0.25 = $187.50)
Price - Discount 1 = ($750.00 - $187.50 = $562.50)
Alternative Method Discounted price
Discounted price * Discount Percent 2 = ($562.50 * 0.2 = $112.50)
Discounted price - Discount 2 = ($562.50 - $112.50 = $450.00)
Net Cost Price
Net Cost Price = $750.00 - $300.00
Net Cost Price = $450.00
What is the Answer?
Net Cost Price = $450.00
How does the Chain Discounts and Net Cost Price and Net Cost Equivalent Calculator work?
Free Chain Discounts and Net Cost Price and Net Cost Equivalent Calculator - Given a chain discount and an original price, this calculates the total discount and net cost price.
This calculator has 2 inputs.
This calculator has 2 inputs.
What 1 formula is used for the Chain Discounts and Net Cost Price and Net Cost Equivalent Calculator?
(100% - Discount 1%) * (100% - Discount 2%)
What 5 concepts are covered in the Chain Discounts and Net Cost Price and Net Cost Equivalent Calculator?
- chain discount
- a series of trade discount percentages or their total
- discount
- the amount by which the market price of a bond is lower than its principal amount due at maturity
- net cost equivalent
- communicates how many pennies of cost the buyer must pay for every $1 of List Price
- net cost price
- the amount paid by the customer after all discounts and rebates are applied
- price
- the amount of money expected, required, or given in payment for something
