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Old 12-28-2019, 01:15 PM   #37
ilovejedd
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Quote:
Originally Posted by Glorfindel View Post
If I'm understanding the terms here correctly;
In a perfect world where you have 5 items @ $5 each, you can spend $20 and receive the $5 credit.
You can then use the $5 credit to purchase one more of item X which costs exactly $5.
You have $25 worth of X but spent $20.
So you've now received 125% of what you payed for.
We can now drop the 1 as insignificant, leaving us with 25% remaining! I'm not sure where *your* math went wrong
That's not how you calculate discounts.

You spent $20 for $25 worth of items.

Discount:

($25 - $20) / $25 = 20%

Alternately:

(125% - 100%) / 125% = 20%

You did get 25% "cash back" though.

Last edited by ilovejedd; 12-28-2019 at 01:22 PM.
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