I'm currently working on a website which has a list of products with predefined prices.
The owner of the website would like me to add two membership levels.
- Membership Level A will see a 15% increase in prices.
- Membership Level B will see the current defined prices with no increase.
Since it's easier to offer discounts rather than markups, I decided to take a route where I would increase all prices by 15% and offer a discount to Membership Level B.
However, what that discount would be to get the current prices is a mystery.
$A + 15% = $B
But
$B - 15% ≠ $A
Using the following formula
If Product is prices at
$100, an increase of15%would make it$115. But decrease15%from$115would get you$97.75.Using an online calculator gives me a value of
13.04348%decrease.