Don’t make this mistake when shopping:
In other words, a percentage discount on an already-discounted item is not additive. Another example:
– A leather coat’s original retail price is $400
– The store has marked it as being 25% off: 25% of $400 = $100, so the price is now $300
– The store gives you a coupon/code good for 25% off one purchase
– Do you now get 50% off the coat’s original $400 price? No! Unless the offer specifically states the % off is off of the original price, it is calculated on the current purchasing price.
– So NOT 50% of $400 = $200
– But:
- 25% of $400 = $100, so current price = $300
- 25% of $300 = $75, so your price with coupon = $225