Discount Calculator

What is a Discount?

The word "discount" can be used to describe a variety of price reductions on products and services. The two most popular forms of discounts are percentage off and fixed amount off discounts.

A percentage off of a price often refers to receiving a discount of a certain amount, such as 10% off the item's original cost. For instance, if a product costs $65 and is eligible for a 10% discount, the ultimate price would be determined by deducting $65 from $65 by 10% or calculating 90% of $45:

10% of $65 = 0.10 × 65 = $6.50

$65 – $6.50 = $58.50

or

90% of $65 = 0.90 × 65 = $58.50

In this case, your savings amount is $6.50, or 10%.

In contrast, taking a fixed amount from a price means deducting the fixed amount from the starting price. For instance, if a service is regularly $160 and you have a coupon for $40 off, you would subtract $40 from $160 to determine the final cost.

$160 - $40 = $100

In this case, you are saving a fixed price of $40.

About This Tool:

Let's say you are purchasing something from a retailer or an online shop. The price for that specific product is $285, with a discount of 43%. Now, you might be confused about how much will you have to pay after the 43% discount. It'll be a little difficult if you start calculating it manually. Here at this stage, our free Discount Calculator comes into play. You can use it to find the discounted price and the total saving out of the product's original cost.

How To Use This Tool To Find The Discounted Price and Savings?

The tool is straightforward to use, here it is how:

• Input the original cost of the product or the service.
• Enter the discount percentage for that particular product or service in the second field.
• After that, click the "Calculate" button, and the total savings and discounted price will be displayed.

For example, if you enter $285 with a 43% discount, the discounted price will be $162.45, and the total saving will be $122.55.

Note: You can also click on the "Sample" button, and the fields will be filled up with random data. Then, you can click the "calculate" button to see how this tool works.

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About the Editorial Staff

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