๐Ÿ’ฐ Financial

Discount and Tax Calculator

Calculate the final price of an item after applying discounts and taxes. Enter the original price, discount percentage, and tax rate to see your total cost and savings.

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Formula

Final Price = (Original Price - Discount) + Tax
Discounted Price
Original Price ร— (1 - Discount Rate)
Final Price
Discounted Price ร— (1 + Tax Rate)

Example

Retail Sale

A $100 item is 20% off, and the sales tax is 10%.

  1. Discount Amount = $100 ร— 20% = $20
  2. Discounted Price = $100 - $20 = $80
  3. Tax Amount = $80 ร— 10% = $8
  4. Final Price = $80 + $8 = $88

Frequently Asked Questions

This calculator applies the discount first, and then calculates the sales tax based on the discounted price, which is standard retail practice.

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