sale price

Definition

The price of a good or service that is being offered at a discount. The sale price can be calculated by subtracting the discount percent from 100, converting that number into a decimal, and multiplying the decimal by the normal price of the good. For example, a good that is normally priced at $100 and currently being offered at a 10% reduction would have a sale price of $90.

Use sale price in a sentence

To counter the impact of increase operating costs XYZ Corporation recently announced an across the board increase in sale price of five percent.

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When he went to check on their selection of business shirts, he realized that Banana Republic was having a great sale price on all remaining shirts.

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Gillian had eyed the expensive shoes in the window for weeks, so when she saw a sale price of just $20 appear on the sticker, she rushed in to buy them immediately.

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