what is calculation type in pricing

Question

Accepted Answer

Calculation type in pricing refers to the method used to calculate the price of a product or service.

Calculation type determines how the system calculates the price of a product or service
There are different calculation types such as percentage, fixed amount, scale, and formula
For example, a percentage calculation type may be used to apply a discount to a product based on a percentage of the original price
A fixed amount calculation type may be used to add a specific amount to the price of a product
Scale calculation type may be used to apply different prices based on the quantity of the product ordered
Formula calculation type may be used to apply complex calculations to determine the price of a product

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