Here are the steps to follow in this lesson:

1. To calculate the % of discount received: =”Savings”/”Original Price.”
2. Excel follows an “Order of Precedence” when performing calculations: It performs multiplication and division before performing operations involving addition and subtraction.
3. Enclose portions of your formula inside () in order to control the order of your calculations.
4. To determine the “Original Price” when you know the “Sale Price” and the “% of Discount”: =”Sale Price”/ (1-“% of Discount”)

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