Discount Lost Solution

STEP 0: Pre-Calculation Summary
Formula Used
Discount Lost = (Discount Percentage/(100-Discount Percentage))*(365/(Final Payment Date-Last Discount Date))
DL = (D%/(100-D%))*(365/(F-L))
This formula uses 4 Variables
Variables Used
Discount Lost - Discount Lost is an opportunity to take a deduction on a payment to a supplier that has offered a reduced payment in exchange for paying early.
Discount Percentage - A Discount Percentage is the discount offered as a percentage.
Final Payment Date - (Measured in Second) - Final Payment Date is the total number of days required to complete the final payment.
Last Discount Date - (Measured in Second) - Last Discount Date is the number of days to reach the last date of the discount.
STEP 1: Convert Input(s) to Base Unit
Discount Percentage: 3 --> No Conversion Required
Final Payment Date: 24 Day --> 2073600 Second (Check conversion ​here)
Last Discount Date: 12 Day --> 1036800 Second (Check conversion ​here)
STEP 2: Evaluate Formula
Substituting Input Values in Formula
DL = (D%/(100-D%))*(365/(F-L)) --> (3/(100-3))*(365/(2073600-1036800))
Evaluating ... ...
DL = 1.08879820542192E-05
STEP 3: Convert Result to Output's Unit
1.08879820542192E-05 --> No Conversion Required
FINAL ANSWER
1.08879820542192E-05 1.1E-5 <-- Discount Lost
(Calculation completed in 00.004 seconds)

Credits

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Bhilai Institute of Technology (BIT), Raipur
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Basics of Financial Accounting Calculators

Depletion Charge per Unit
​ Go Depletion Charge per Unit = (Original Cost-Residual Value)/Total Number of Units Depletion
Shareholders' Equity given Share Capital, Retained Earnings and Treasury Shares
​ Go Total Shareholders' Equity = Share Capital+Retained Earnings-Treasury Shares
Discount Percentage
​ Go Discount Percentage = ((List Price-Price Paid)/Price Paid)*100
Shareholders' Equity given Total Assets and Liabilities
​ Go Total Shareholders' Equity = Total Assets-Total Liabilities

Discount Lost Formula

Discount Lost = (Discount Percentage/(100-Discount Percentage))*(365/(Final Payment Date-Last Discount Date))
DL = (D%/(100-D%))*(365/(F-L))

How to Calculate Discount Lost?

Discount Lost calculator uses Discount Lost = (Discount Percentage/(100-Discount Percentage))*(365/(Final Payment Date-Last Discount Date)) to calculate the Discount Lost, Discount Lost is an opportunity to take a deduction on a payment to a supplier that has offered a reduced payment in exchange for paying early. Discount Lost is denoted by DL symbol.

How to calculate Discount Lost using this online calculator? To use this online calculator for Discount Lost, enter Discount Percentage (D%), Final Payment Date (F) & Last Discount Date (L) and hit the calculate button. Here is how the Discount Lost calculation can be explained with given input values -> 1.1E-5 = (3/(100-3))*(365/(2073600-1036800)).

FAQ

What is Discount Lost?
Discount Lost is an opportunity to take a deduction on a payment to a supplier that has offered a reduced payment in exchange for paying early and is represented as DL = (D%/(100-D%))*(365/(F-L)) or Discount Lost = (Discount Percentage/(100-Discount Percentage))*(365/(Final Payment Date-Last Discount Date)). A Discount Percentage is the discount offered as a percentage, Final Payment Date is the total number of days required to complete the final payment & Last Discount Date is the number of days to reach the last date of the discount.
How to calculate Discount Lost?
Discount Lost is an opportunity to take a deduction on a payment to a supplier that has offered a reduced payment in exchange for paying early is calculated using Discount Lost = (Discount Percentage/(100-Discount Percentage))*(365/(Final Payment Date-Last Discount Date)). To calculate Discount Lost, you need Discount Percentage (D%), Final Payment Date (F) & Last Discount Date (L). With our tool, you need to enter the respective value for Discount Percentage, Final Payment Date & Last Discount Date and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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