What does a discount of 50/10/10 mean?

I have a new business in which a supplier’s price list shows a 50/10 discount under $1500 and a 50/10/10 above $1500. What exactly does this mean? Additionally, with payment terms: 4% 30, 2% 60, net 90… this means payment is due within 90 days at 4% for the first 30 and so on?

6 Answers

  1. 50/10/10 = 40.5%. (50% – 10% = 45%. 45% – 10% = 40.5%). You’d need to clarify if this is your multiplier or your discount. If it’s multiplier, multiply by the list/retail price. If it’s discount, subtract 40.5% from the list/retail.
  2. If you pay within 30 days, you get a 4% discount. If you pay between 31 and 60 days you get a 2% discount.
  3. If you pay after 60 days you get no discount. Due by no later than 90 days.
  4. 50 10 Discount What does a discount of 50/10/10 mean Here is the math in the simplest format. When converting multiple tier discount, lets say the 50/10/10 example above.
  5. Everything is from 100. So…..50 from 100 = .5, then 10 from 100 is .9 and then again, 10 from 100 is .9 Then multiply in succession – .5 x .9 x .9 = .405 discount.
  6. So then take your list price times .405 = $40.50 (this math, thanks to my old man is the only thing that has helped me when converting buy programs, thanks Pops!) 1 50/10/10 is 59.5% ….. not sure where Hyde came up with their formula … but I think hecould be basing a 50/10/10 discount off of $100 List price … which would equal $40.50 … but it’s not a 40.5% discount

What’s 10 percent-off $50?

Replacing the given values in formula (a) we have: Amount Saved = Original Price x Discount in Percent / 100. So, Amount Saved = 50 x 10 / 100 Amount Saved = 500 / 100 Amount Saved = $5 (answer). In other words, a 10% discount for a item with original price of $50 is equal to $5 (Amount Saved). Note that to find the amount saved, just multiply it by the percentage and divide by 100.

What’s the final price of an item of $50 when discounted $5?

Using the formula (b) and replacing the given values: Sale Price = Original Price – Amount Saved. So, Sale Price = 50 – 5 Sale Price = $45 (answer). This means the cost of the item to you is $45. You will pay $45 for a item with original price of $50 when discounted 10%. In this example, if you buy an item at $50 with 10% discount, you will pay 50 – 5 = 45 dollars.

5 is what percent off 50 dollars?

Using the formula (b) and replacing given values: Amount Saved = Original Price x Discount in Percent /100. So, 5 = 50 x Discount in Percent / 100 5 / 50 = Discount in Percent /100 100 x 5 / 50 = Discount in Percent 500 / 50 = Discount in Percent, or Discount in Percent = 10 (answer). To find more examples, just choose one at the bottom of this page.

Types of discounts

There are different types of discounts that you may come across that may invoke the need for a discount calculator. Some are seasonal – often when seasons change big clothing stores announce 50+ % discounts. Major shoe brands like Adidas, Nike, Asics, Skechers, Fila, and Bata have established outlets for such inventory where you can get a bargain on your new shoes. The same goes for clothing companies such as Gucci, Luis Vuitton, Hermes, Prada, Chanel, Ralph Lauren, and Versace who often offer clothes on sale. Specific social groups are given discounts based on their characteristics – these include students, military officers, the elderly, and disabled people. Individuals identified as in need of supplementing their income may be offered coupons. Usually, these people have a specific document to testify to them being of a certain status.

However, documents allowing a discount are not exclusive to those cases – coupons also are a form of discount [1]. Coupon or otherwise, our discount calculator can help you find out the sale price after discount. Importantly, most companies offer special discounts to their employees, too (employee discounts). [1] Using these is a great option to ease the stress on your budget. Certain dates of the calendar year like Black Friday and Cyber Monday have (rightfully or not) become synonymous with “huge discounts”. Black Friday is when you can expect significant savings on purchases from brick-and-mortar stores, while Cyber Monday is when Amazon and other online retailers make generous discounts on their regular prices. Not surprisingly, our discount calculator is used most around these dates each year.

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