Calculating discount percentage in Google Sheets is a fundamental task in finance and accounting, made effortless with the platform’s advanced functions. This calculation involves subtracting the discounted price from the original price, then dividing the difference by the original price and multiplying by 100.
Determining the discount percentage is crucial for assessing savings and making informed financial decisions. It finds applications in retail, couponing, and various industries where discounts are prevalent. Historically, spreadsheets were manually calculated, but Google Sheets’ automation has simplified the process, making it accessible to everyone.