50% Off By Julie Tinney | January 27, 2020 Email This Subscribe to Newsletter Email to a friend Facebook Tweet LinkedIn Print Article Article 2 Comments January 28, 2020 at 1:30 pm craig says: Like or Dislike: 0 3Please teach your staffer math. If you increase your prices by 50% and then give 50% off, you will actually be giving 25% off, not coming out even. fifty percent increase = 100 * (1.50) = 150 fifty percent off of fifty percent increase = 0.5 * 150 = 75 75 is 25% off from 100. To give 50% off at no cost to you, you have to artificially double prices Reply February 5, 2020 at 5:40 pm IJ Staffer says: Like or Dislike: 0 0Your math is good and I stand corrected. Thanks Craig! :) Reply Add a Comment Cancel reply Your email address will not be published. Required fields are marked * Name * Email * Comment ΔNotify me of comments via e-mail
Please teach your staffer math. If you increase your prices by 50% and then give 50% off, you will actually be giving 25% off, not coming out even.
fifty percent increase = 100 * (1.50) = 150
fifty percent off of fifty percent increase = 0.5 * 150 = 75
75 is 25% off from 100.
To give 50% off at no cost to you, you have to artificially double prices
Your math is good and I stand corrected. Thanks Craig! :)