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Old 11-01-2020, 11:07 AM
  #20  
bearisgray
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Join Date: May 2008
Location: MN
Posts: 25,208
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When I got to the check out Lady took 30% off each piece again. So I saved 60% off each piece.

An example: (assuming that this is how the discounts were calculated)

Original piece is $100 (you are buying a backing)
Minus the first 30% discount: $100 * (1 - .30) = $70.00
Minus the second 30% discount: $70 * (1 - .30) = $49.00

That is a 51% discount - not a 60% discount.

I used to think I could add up the discounts and then use that to calculate the final selling price. That does not usually work out.



Last edited by bearisgray; 11-01-2020 at 11:10 AM.
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