Amount that the promoted price is below the regular price, expressed in dollars or cents. Calculated as (Base Price – Promoted Price). Note that a 10¢ discount could be 8% in one year but 7% the next year if the base price increased in the second year.
In order for the $0.10 discount to increase in year 2, wouldn’t the base price need to decrease not increase?
Yes! Thanks for noticing our error. I’ve corrected the definition.