Discount Percentage Calculator is a free online tool that quickly shows you how much you save with discounts. It is designed by Codexcoach to do the maths quickly and show you the discount amount instantly.
You can use our Discount Calculator tool to find the new price of an item after a discount or to see how much you save. It can also work the other way around, helping you find a discount or original price from the final price.
If you like to bargain, a Percentage calculator can help you determine the price to aim for. Got a coupon? For example, it can tell you what you’ll pay after using a 15% off coupon.
What is a Discount?
A discount means you pay less than the normal price for something. It’s like getting a deal or special offer that lowers the price. Often, the discount is expressed as a percentage less than the original price.
Various types of discounts are out there. For example, if you buy a lot, you may get a “bulk” or “quantity” discount. This is when you buy more and pay less per item. Companies offer “trade” discounts to stores or vendors, which help them sell items at a price everyone likes. And then there are “sales” or “promotional” discounts, which are special deals like 15% off shirts or “buy one, get one free” offers.
When we talk about 10% discount, it is simple: Rs. 1,000 on an item, you can instead spend Rs. 900 will be paid. You save 100 rupees right there.
“Instant savings” or “cash” discounts are when stores give you a discount right away, allowing you to pay less at checkout. Sometimes, they may give you a special code to use for a discount. These types of deals will make you want to buy fast because they won’t last long.
What is a Discount Calculator?
Discount calculator is a super handy tool that shows you how much the item costs after the discount and how much you’ve saved. You simply enter the original price and how big the discount is (such as a percentage off). Then, it tells you your new price and how much money you’ve saved.
What is a Percentage Discount?
A discount means you pay less than full price. Imagine finding a shirt you love for $50, and it’s 20% off. That means you can buy it for $40 instead. This may seem a bit difficult, but don’t worry, we have a discount formula calculator that makes it easy to find these numbers without any headache.
Percentage Discount Calculator
Check our Percentage Discount Calculator, which is a shopper’s best friend. Whether you’re saving or just looking for a good deal, discounts are always attractive.
How to Use Discount Percentage Calculator?
- Type the price of the item before any discount. This is its regular price.
- Then, enter how big the discount is as a percentage.
- Then the calculator will tell you two things:
- 1. new price after discount; And
- 2. How much money you save.
If you’re buying something for $700 with a 25% off tag, the calculator will show you that the new price is $525. That means you saved $175!
How to Calculate Discount Percentage?
1. To find the new price after the discount:
You take the original price and subtract something from it (that’s the discount percentage).
2. And to find out how much you’ve saved:
You will see the difference between the original price and the new discounted price.
Let’s say you’re shopping and get a beautiful handbag for $250 and it’s 30% off. Here’s what you do:
Find what 30% of $250 is (that’s $75), then subtract it from the original price.
So, the handbag is $175 with the discount.
And for savings:
It’s the difference between the original price ($250) and the new price ($175), which means you save $75.
A $75 savings sounds pretty cool, right?
Discount Calculations Examples
Let’s simplify and describe those examples in a way that is easy to follow and understand:
Imagine this scenario: You walk into a store and see a stylish jacket with a price tag of $200. But, lucky for you, there is a sale and the jacket is 25% off. Here’s how you can find out what you’ll pay:
- First, calculate 25% of $200, which is $50.
- Then, subtract $50 from the original price of $200 to find the selling price: $150.
So, with the sale, you’ll get the jacket for $50 off by paying just $150.
Now, consider a special deal at the bookstore around the holidays. They offer 30% off your second book when you buy one for the regular price of $15. Plus, as a student, you get an extra 15% off any book. Here’s what it means for you:
- For the first book, along with your 15% student discount, you subtract 15% from the original price of $15 (which is $2.25). So, the price of the first book is $12.75.
- For the second book, you can combine the 30% promotional discount with your 15% student discount for a total of 45% off. Calculate 45% of $15 (which is $6.75), subtract that from the original price, and you get another book for $8.25.
So, buying two books with this discount will cost you a total of $21. Compounding discounts is a smart way to save money, and you don’t have to be a maths whiz to figure it out.
How To Use The Discount Calculation Tool?
Using this tool is also very easy. So, follow these steps, and you will obtain this tool’s benefits in no time.
- Enter the amount of the original product’s price in the Discount Calculator.
- Enter the discount percentage in the second input box.
- Click the convert button.
- Repeat the above three steps for all other discount calculations.
The tool will give you the amount of discount followed by the original amount within a moment of clicking the button, using a fixed algorithm. See, I told you it was easy to use it. Now, onto the advantages of this online web application.
How to count discounts in percentages?
The formulas we utilize to calculate discounts are mentioned below.
If a discount is stated as a percentage (rate), the discount formula is as follows:
Conclusion
The discount calculation tool from Codex Coach is a handy online application for sales professionals and businesses to calculate quick discounts. It is fast and accurate, and you can calculate as many discounts as you want for free. CodexCoach also offers other helpful online tools that make calculations easy. Thank you for reading.
How do I calculate the discount percentage?
Discounts are simple to compute if we know the marked price and the selling price. Calculating discounts is simply the act of determining the difference between the listed price and the selling price.
What is the formula for a discount?
Discount = Listed Price – Selling Price.