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I'm not entirely sure if it'll take in account your price increase when doing the discount though.
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I'm not entirely sure, but I don't think it'll apply to the price increased amount. Try leaving all the settings as is and giving the discount a priority of 2 instead of 1 while leaving the price increase as 1. If that doesn't work then it's going to always calculate from full price and will need to add a feature/bug ticket to investigate further.Is the 20% discount which is not applied on increased price but on regular price..
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