calculateDiscount
Definition
CalculateDiscount means determining how much money can be saved from an original price by applying a percentage reduction.
Analogy
Imagine going shopping during Black Friday sales. When stores offer discounts, they reduce prices by certain percentages. Calculating discounts helps you figure out how much money you'll save before making your purchase decisions.
Related terms
Original Price: The original price represents the initial cost before any discount is applied.
Percentage Reduction/Off: Percentage reduction/off indicates how much less than the original price an item costs after a discount is applied.
Final Price: The final price is the amount you pay after the discount has been subtracted from the original price.
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