Description: The discounted rate is a financial concept that refers to the percentage reduction applied to an original price after a discount has been granted. This term is commonly used in various retail and e-commerce settings, where merchants can offer discounts to their customers to encourage sales. The discounted rate allows consumers to clearly see the savings they achieve when making a purchase. For example, if a product has an original price of 100 euros and a 20% discount is applied, the discounted price would be 80 euros, meaning the customer will pay 80 euros. This practice not only benefits buyers by making products more accessible but also helps sellers increase their sales volume and move inventory. Merchants can easily set original prices and apply discounts, allowing for efficient management of promotions and a more attractive shopping experience for users. The discounted rate is, therefore, a key tool in the pricing and marketing strategy of many online stores, facilitating consumers’ purchasing decisions.
