Calculating discount offers is an essential skill in retail, marketing, and finance. A discount offer is a reduction in the price of a product or service, usually expressed as a percentage off the original price. For example, a 50% discount offer means that the customer will pay half the original price.
Knowing how to calculate discounts is important for businesses because it allows them to determine the profitability of a sale and to set prices that are competitive in the marketplace. For customers, understanding how discounts are calculated can help them make informed purchasing decisions and save money.