Hi,
I have a little problem - I want to sell an item for say £50 but offer a discount of 10% to regular customers
I need a calculation to find out the advertised price then take 10% off to get the value back to £50
If i add 10% to £50 = £55
So if i advertise product at £55 then minus the 10% discount = £49.50 not the original £50 !
Is there a simple calculation i can do on a calculator ?
Many thanks in advance
Alan
Let price to be sold be X
After 10% discount, you want the price to be 50
X - 10% of X = 50
X - 0.1 X = 50
0.9X = 50
X = 50/0.9
X = 55.56
Double check your calculation..
If the advertised price is 55.56, after 10% discount, it becomes 55.56 - 10%(55.56) = 55.56 - 0.1 * 55.56 = 50.004 (~50)
Hope this helps.