Discounted Price Calculator

Formula

To calculate the Discounted Price (DP):

\[ DP = IP - IP \times \frac{PO}{100} \]

Where:

$DP$ is the Discounted Price in dollars
$IP$ is the Initial Price in dollars
$PO$ is the Percent Off in percentage

What is a Discounted Price?

The discounted price is the final price of an item after a discount has been applied. It is calculated by subtracting the discount amount from the initial price. The discount amount is determined by multiplying the initial price by the percent off and then dividing by 100.

Example Calculation

Let's assume the following values:

Initial Price ($IP$) = $100
Percent Off ($PO$) = 20%

Using the formula:

\[ DP = 100 - 100 \times \frac{20}{100} = 100 - 20 = 80 \text{ dollars} \]

The Discounted Price is $80.00.