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This tool helps you determine the final price of a product after you factor in a cashback discount. Follow these simple steps:
A cashback discount reduces the price you effectively pay for a product. Here’s how it works:
1. Calculate Cashback Amount: Cashback Amount = (Original Price * Cashback Percentage) / 100
2. Calculate Price After Cashback: Price After Cashback = Original Price – Cashback Amount
3. Calculate Sales Tax (If Applicable): Sales Tax = (Price After Cashback * Sales Tax Percentage) / 100
4. Final Price (With Sales Tax): Final Price = Price After Cashback + Sales Tax