The formula to calculate the Percentage of Price (PoP) is:
\[ PoP = \left(\frac{D}{OP}\right) \times 100 \]
Where:
Percentage of Price is the percentage of the original price that has been discounted. It is calculated by dividing the amount discounted by the original price, then multiplying by 100.
Let's assume the following values for two examples:
Using the formula:
\[ PoP = \left(\frac{20}{100}\right) \times 100 = 20\% \]
The Percentage of Price is 20%.
Using the formula:
\[ PoP = \left(\frac{15}{75}\right) \times 100 = 20\% \]
The Percentage of Price is 20%.