Percentage Discount Calculator (2024)

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What is percentage discount?Percentage discount calculatorPercentage discount formulaHow to calculate percentage discountFAQs

This simple percentage discount calculator is here to help you in everyday situations. It's the perfect tool if you want to determine how much you need to pay after a discount and how much money you are saving.

Also, if you're interested:

  • We will show you step-by-step how to calculate the percentage discount;
  • We'll unveil the percentage discount formulas behind it; and
  • Also discuss some percentage discount examples.

Ready?

What is percentage discount?

A discount implies a reduced price. And when this reduced price, a.k.a discount, is expressed as a percentage, it is known as a percentage discount.

The next time you see a 20% discount on your favorite shirt, know that it means that the original price of the sweater is reduced by 20%. Let's say the shirt costs $50. After a 20% discount, it will cost $40.

It might sound a bit too mathematical, but that is why we have this fantastic tool; to keep all your affairs math-free.

Percentage discount calculator

The percentage discount calculator is like a dream come true for the shopaholics among us. And no matter how much money you have, we all love discounts.

Let's dive in and see how to use this tool:

  • First, input the actual sale price of the product. It is the price before the discount;

  • Next, input the discount offered in percentage;

  • Finally, the tool displays two results:

    • Price after discount; and
    • The amount you saved.

Suppose you enter the sale price as $700 and the discount percentage as 25%. The calculator tells you that the price after discount is $525, which means you saved $175 on your purchase.

Percentage discount formula

We know what results we get from the tool based on our inputs. It is time we take a look at the formula behind this convenient tool.

The first formula is the percentage discount formula, which determines the price after the discount:

Price after discount = Original Price - (Original price × Discount %)

The second formula estimates the amount you save after the discount is applied:

Saving = Original price - Price after discount

How to calculate percentage discount

Don't you think it would be even better if you were at your favorite shop and you were able to calculate the discount amount at your fingertips without asking the salesperson?

Let's determine the percentage discount with an example.

You decide to buy a beautiful handbag costing $250, but it has a discount of 30%. The first thing you need to do is determine 30% of 250. And then subtract it from the cost price of the bag.

Price after discount = Original Price - (Original price × Discount %)

Price after discount = 250 - (250 × 30%)

Price after discount = 250 - (250 × 30/100)

Price after discount = 250 - (75)

Price after discount = $175

So, the price after a discount of 30% is $175.

Next, let's see how much you save in this percentage discount example.

Saving = Original price - Price after discount

Saving = $250 - $175

Saving = $75

Saving $75 seems to be a pretty good deal.

✅ If you're searching for more discount options, check out our comprehensive discount calculator (apart from this basic percent off calculator, it also includes 3 for 2, % of a second product, double discount, and many more). It also provides a visual comparison between the original and discounted price and lets you input the sales tax. To read more about sales tax and its calculation, visit our sales tax calculator.

Of course, you can answer all of the above questions by inputting the given values into our percentage discount calculator – it knows exactly which formula should be used. 😉

FAQs

How do I calculate the dollar amount from the percentage discount?

To compute how much you save from a discount, apply the following discount formula:

discounted price = original price - (original price × discount / 100).

Don't hesitate to use an online discount calculator if you struggle with computations!

How do I calculate the final price given discount?

To find the discounted price, follow these steps:

  1. Take the original price.
  2. Multiply it by the discount percentage and divide the result by 100.
  3. Subtract the result from the original price.
  4. That's your final price. Enjoy your savings!

How do I calculate the price before discount?

To determine the price before a discount is applied, you need to:

  1. First, divide the discount percentage by 100.

  2. Subtract this number from 1.

  3. Divide the post-sale price by this new number.

  4. Here you go. That's the original price before the applied discount. As you can see, the formula we've applied reads:

    Original price = Discounted price / (1 - Discount / 100).

How do I calculate discount given pre- and post-sale prices?

To determine the discount percentage given the original and the discounted price, you need to apply the following formula:

Discount = 100 × (Original price - Discounted price) / Original price.

This can be written in words as:

  1. Subtract the final price from the original price.
  2. Divide this number by the original price.
  3. Finally, multiply the result by 100.

What is the discount if the price went from $120 to $90?

The discount is 25%. To verify this answer, observe that 25% of $120 is $30 and $120 - $30 = $90, which is the discounted price we wanted to obtain.

Percentage Discount Calculator (2024)

FAQs

How do I calculate the discount percentage? ›

If a discount is expressed as a percentage (rate) in that case, the discount formula is: Discount = Listed Price × Discount Rate. Rate of Discount = Discount% = (Discount/Listed Price) ×100.

How do you calculate 20% discount? ›

For example, you may want to calculate the sale price of a shirt that regularly costs Rs 1,000. If the shirt is 20% off, you must convert 20% to a decimal (20/100 = 0.2). You have Rs 1,000 * 0.2 = Rs 200. You then subtract the discount from the original price as Rs 1,000 – Rs 200 = Rs 800.

What is 15% off of $20? ›

Answer: 15% of 20 is 3.

What is 40% off $30? ›

40% of 30 is 12.

How can I calculate discount rate? ›

How to calculate discount rate. There are two primary discount rate formulas - the weighted average cost of capital (WACC) and adjusted present value (APV). The WACC discount formula is: WACC = E/V x Ce + D/V x Cd x (1-T), and the APV discount formula is: APV = NPV + PV of the impact of financing.

How to take percentage off a price? ›

The procedure to calculate the percentage off for the product is given as follows:
  1. Subtract the sales price form the original price.
  2. Divide the discount price by the original price.
  3. Finally, multiply the solution by 100.

How to calculate percentages? ›

To calculate a percentage, you typically divide the part (the smaller value) by the whole (the larger value), and then multiply the result by 100. This gives you the percentage value as a number between 0 and 100.

What's 40% off $25? ›

Answer: 40% of 25 is 10.

What is 30% off $50? ›

Answer: 30% of 50 is 15.

How to calculate 50% off? ›

To calculate the percentage discount with the original price and the discounted price, follow these steps:
  1. Subtract the discounted price from the original price.
  2. Divide this new number by the original price.
  3. Multiply by 100.
  4. You've found the discount percentage! Be proud of your mathematical abilities.
Sep 3, 2024

How do you calculate 40% discount? ›

There are a few other ways to calculate the discount percentage when the percentage is given:
  1. Rate of Discount = Discount% = (Discount/Listed Price) ×100.
  2. Listed Price = (Selling Price × 100)/ (100−discount %)
  3. Discount = Listed Price × Discount Rate.
  4. Selling Price = Listed Price [(100−discount%)/100]
Jun 9, 2024

How to subtract percentage from price? ›

Example 1
  1. Convert the percentage decrease into a decimal by dividing by 100. 30% / 100 = . ...
  2. Multiply the original cost by the decrease to find the value of the discount. . 30 x $125 = $37.50.
  3. Subtract the value of the discount from the original cost. $125.00 - $37.50 = $87.50.
Apr 9, 2024

What is the single discount of 20% and 10%? ›

So, we will assume that number to be 100. Thus, successive discounts i.e. 20% and 10% on 100 is 72. Thus, the answer is 28%.

How to calculate original price before discount? ›

Step 1: Convert the percent discount to a decimal by dividing by . Step 2: Set up the equation P = ( 1 − d ) x to find the original price of the item where is the sale price, is the discount as a decimal, and is the original price of the item.

How do you take a percentage off a number? ›

Divide the number by 100 (move the decimal place two places to the left). Multiply this new number by the percentage you want to take off. Subtract the number from step 2 from the original number. This is your percent off number.

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