## About List Price Calculator (Formula)

The formula for calculating the List Price (LP) using a given Sale Price (SP) and a Discount Percentage (D) is as follows:

**LP = SP / (1 – D/100)**

Here’s what each component of the formula represents:

- LP (List Price): This is the original price or the price at which an item is normally sold before any discounts or promotions are applied.
- SP (Sale Price): This is the price at which the item is being sold after a discount has been applied.
- D (Discount Percentage): This is the percentage by which the List Price is reduced to arrive at the Sale Price. It represents the savings or discount given on the item.

To calculate the List Price, you divide the Sale Price by the complement of the Discount Percentage as a fraction of 100. The complement is calculated by subtracting the Discount Percentage from 100.

For example, if you have a Sale Price of $80 and a Discount Percentage of 20%, you can calculate the List Price as follows:

LP = $80 / (1 – 20/100) LP = $80 / (1 – 0.20) LP = $80 / 0.80 LP = $100

So, in this example, the List Price (the original price) of the item is $100. This formula is commonly used in retail and pricing scenarios to determine the original price of an item when you know the sale price and the discount percentage.