How is the 8 percent discount?
A 8% discount is a reduction in price by 8% of the original amount. To calculate the discount, you multiply the original price by 8% (expressed as a decimal, which is 0.08).
Discount = Original Price * 0.08
For example, if the original price is $100, the discount would be $100 * 0.08 = $8. The new price would be $100 – $8 = $92.
What is 8 percent discount calculation?
Discount calculation is the process of determining the amount of reduction in price for a product or service, based on a specified discount rate. The calculation of a discount involves multiplying the original price by the discount rate expressed as a decimal.
Discount = Original Price * (Discount Rate as Decimal)
For example, if the original price of a product is $100 and the discount rate is 8%, the discount calculation would be $100 * 0.08 = $8. The final price of the product after the discount would be $100 – $8 = $92.