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Discount ?

Posted: Wed 29 Jan, 2014 9:31 am
by Steve N
Just priced up a job for a fellow trader, we both give each other 10% discount, anyway this small job, just a mount works out at £10.70 so the discount of 10% should be £1.07, but it's coming out at £1.10

break down is

Mount £6.00

Drymount £4.70

total £10.70

Just tried some other figures, it seem that if the prices are whole pounds, the discount works out correct, but if there is any pennies then it rounds up to the nearest 10p

Re: Discount ?

Posted: Wed 29 Jan, 2014 2:06 pm
by JohnMcafee
Apart from VAT, amounts of money are usually displayed to the nearest 10p

Re: Discount ?

Posted: Thu 30 Jan, 2014 8:05 am
by Steve N
OK thanks John