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X Percentage Value

Video: How To Configure 'X Percentage Value' Coupon

How this coupon works

Here

Percentage Value (D) is the fixed percentage discount
Maximum Discount Amount (MD) (optional) is a maximum limit to the discount
Minimum Cart Value (MCV) (optional) is the minimum price of the cart items

Example

A 30% discount on a shirt worth Rs. 1000

Formula

Coupon Discount = Min(MD, (CV*D/100))

Where

CV = Cart value D = Percent Discount MD = Maximum discount limit

In this example

CV = 1000 D = 30% MD = 400

Therefore

Min(400, (1000* 30/ 100)) = 300

Cart value
1000
Coupon Discount
-300
===========================
TOTAL
700