# X Percentage Value

## 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

div
div
div
Cart value
div
1000
div
div
Coupon Discount
div
-300

=========================== 

div
div
TOTAL
div
700