👉 Rebate math involves calculating the amount of a discount or savings you receive after applying a rebate to an original price. First, determine the total discount offered by the rebate, which is typically expressed as a percentage or a dollar amount. Next, subtract this discount from the original price to find the reduced price. Finally, calculate the rebate amount by subtracting the reduced price from the original price. For example, if an item costs $200 and has a 20% rebate, the rebate amount is $40 ($200
0.20), making the final price $160.
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