Trade Discount Series Using Excel. Trade Discount Series Also called “chain” discount Seller offers more than one discount one after the other Format:

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Presentation transcript:

Trade Discount Series Using Excel

Trade Discount Series Also called “chain” discount Seller offers more than one discount one after the other Format: 20/10/10 which means 20%, 10% and 10% taken off in series

Set Up Labels

Enter List Price and Discounts Be sure and type the % signs

Enter First Discount Formula (Use Cell References) Don’t forget to hit Enter after entering

RESULTS: Enter First Discount Formula (Use Cell References) How much is saved for 1 st discount

Find New List Price Original List Price – Discount

RESULTS: Find New List Price Original List Price – Discount After 1 st discount, new price of item is $560

Discount on “NEW” List Price

RESULT: Discount on “NEW” List Price How much is saved for 2 nd discount

“New” List Price Be sure and subtract previous new price

RESULTS: “New” List Price

Final Discount

RESULTS: Final Discount

Final Price

RESULTS: Final Price This is the Final price the buyer has to pay after a 20/10/10 trade discount series