# Discount Rate Calculator

The reduced price fixed for the original price is called as discount. The percentage of reduced priced from the original price is termed as discount rate. Discounts are provided by business in order to attract customers and increase their sales force. It is one of the most simple way to increase customers for a product. The annual percentage of the discount rate can be calculated with the principal amount and interest rate using this discount rate calculator.

The reduced price fixed for the original price is called as discount. The percentage of reduced priced from the original price is termed as discount rate. Discounts are provided by business in order to attract customers and increase their sales force. It is one of the most simple way to increase customers for a product. The annual percentage of the discount rate can be calculated with the principal amount and interest rate using this discount rate calculator.

Code to add this calci to your website

#### Formula:

DR = Principal Amount x Interest Rate
**Where,**
DR = Discount Rate
### Example:

What is the DR of a principal amount of Rs.100000 at interest rate of 5%

#### Solution:

Discount Rate = Principal Amount x Interest Rate

= 100000 x (5/100)

= Rs.5000