Discounts
Discounts
2 types of discounts
2 types of discounts
Individual
(per person or organization)
Volume
(based on order amount)
Individual Discounts
10% |
first purchase
on the first purchase (not combined with any other individual discounts) |
2% |
online
for online purchases |
5% |
senior
65 years old and over |
Example: For a senior who makes purchases online, their individual discount will be 7% (2% online plus 5% senior).
Volume Discounts
Amount after the individual discount has been applied | |
2% | $150 up to $250 |
3% | $250 and up |
Example
On a $350.00 order (before any discounting) made online by a senior, the amount payable is $315.74.
$350.00 | before any discounting |
-$24.50 |
less 7% individual discount (2% online purchase plus 5% senior) = $350.00 x .07 |
$325.50 |
with individual discount applied = $350.00 - $24.50 |
-$9.76 |
less 3% volume discount ($325.50 over $250) = $325.50 x .03 |
$315.74 |
payable amount (all discounts applied)
= $350.00 - $24.50 - -$9.76 total discount is $34.26 or 9.8% |