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Finance and shopping percentage guide

Interest, tax and discounts are all the same arithmetic wearing different hats. Here is where the money quietly leaks.

Money · 6 min read

Simple and compound interest

Simple interest: Principal × Rate × Years. $2,000 at 4% for 3 years earns $240.

Compound interest: Principal × (1 + Rate)^Years. The same $2,000 compounded annually earns $249.73.

Tax, inclusive and exclusive

A $120 price that includes 20% tax is $100 net plus $20 tax — not $96 plus $24.

To strip tax out, divide by 1 plus the rate. To add it, multiply by the same factor.

Why stacked discounts disappoint

50% off followed by 20% off leaves 0.5 × 0.8 = 0.4 of the original price, so the true saving is 60%, not 70%.

The order of two percentage discounts never changes the final price — but the order of a discount and a tax can.

Before a big purchase, calculate the final price yourself first. It takes ten seconds and settles any till-side surprises.

Put it to work

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