# How to Calculate Selling Price ?

How to Calculate Sales/Selling Price using Discount Percentage Rate?

## Sales Price with Discount Rate Calculation

Sales / Selling price is the amount given to purchase a thing. When a discount is announced on a sale, the sales price differs from the original cost based on the discount percentage.

**Formula:**

You must calculate the discount amount to find the sales price.

**Discount Amount = (Original Cost x Discount Percentage Rate) / 100**

**Selling Price = Original Cost - Discount Amount**

Step 1: Let us assume the discount percentage as 8% for a purchase of 1 Kg of
Orange of original cost of Rs. 100.

**Original Cost = Rs. 100**

Discount Percentage = 8 %

Step 2: Calculating the Discount Amount with Substituted Values

Discount Amount = (100 x 8) / 100 = 8

Therefore the discount amount is **8 Rs**.

**Step 3: **Calculating the Sales Price using the Discount Amount

Selling Price = 100 - 8 = 92

Therefore the Sales Price is**Rs**.**92**

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