The discount calculator, also known as a percent off calculator, takes the original price and discount percentage rate and returns the price after the discount and the amount saved. The tool also determines the percentage of discount you received by entering the discount amount.
A discount is nothing but a reduction in the original price of a good or service. Retailers use discounts to increase sales, attract more customers, or clear out inventory. On the other hand, shoppers use it to stretch their budgets further.
Most commonly, there are two types of discounts:
In percent off, there is a fixed percentage discount applied to the original price of the product. Such as 10%, 25%, or $50%. Whereas in a fixed amount, there is a fixed amount of discount applied to an initial price. Such as $50, $99, or $150.
The best way to calculate the discounted price is to use the Discount Calculator. Because it's easy, fast, and accurate. But if you are still interested in knowing the mathematical logic behind the calculation, just keep reading the instructions below.
If the discount is in percentage, we will use the following formula:
Discounted Price = Original Price - (Original Price × Discount / 100)
Now let's take an example:
Suppose the original price is $159 and the discount is 45%. Find the price after the discount.
Place all the values in the discount formula:
Discounted Price = $159 - ($159 × 45/100)
= $159 - $71.55
= $87.45
Your Savings = Original Price - Discounted Price
= $159 - $87.45
= $71.55
So, $87.45 is the final price after the discount, and you are saving $71.55.
If you want to calculate the discounted price for the fixed amount off, you can simply subtract the fixed discount price from the original price.
For example, the product cost is $130 and there is a $30 off. So, in this case, just subtract the $30 from $130, and the final price is $100.
Sometimes you know the original price and the sale price, but not the discount percentage.
Here's how to find it:
Discount % = [ (Original Price - Sale Price) / Original Price ] × 100
Suppose, original price is $300 and the sale price is $210. Find the discount rate as a percentage.
( 300 - 210 ) / 300 = 0.3
0.3 × 100 = 30% discount.
Yes, you can. However, our calculator computes discounts for one item at a time. If you're buying multiple units of the same item, simply multiply the final price by the quantity. Alternatively, if you're buying several different products, use the calculator for each one and add up the total manually.
Example:
If you buy three shirts originally priced at $50 each, and there's a 30% discount:
Our calculator does not automatically include tax. If you want to calculate the final price including tax after applying the discount, here's how:
Price After Tax = Discounted Price + (Discounted Price × Tax Rate/100)
Example:
Discounted price = $60
Tax rate = 7%
Tax = $60 × 0.07 = $4.2
Total with tax = $60 + $4.2 = $64.2
Absolutely! Small business owners can use our calculator to:
It's a great resource for both online and offline sellers.
Almost everyone can benefit from using our calculator, including:
The calculator is highly accurate when it comes to computing percent off and fixed amount discounts. It uses standard mathematical formulas and ensures decimal precision. However, always double-check the retailer's final price, especially if tax or shipping is involved.