Discount Calculator
Calculate your discounts with our accurate discount calculator.
Discounted Price: $
Savings: $
Total with Tax (if applicable): $
How to Use Discount Calculator?
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Enter the original price of the product.
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Enter the discount percentage.
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Click on "Calculate" to display the discounted price.
Using the discount calculator is easy and will get you saving almost instantly. Simply place the original price of the item in the first field, the discount percentage in the next field, select the currency if necessary, and click "Calculate". Now you will see your discounted price and how much you saved. Additionally, you can also calculate the original price if you know the discount price and percentage. Make sure that the values you enter are numeric and in positive numbers for best results. This calculator is absolutely free and can greatly benefit a shopper, business owner or anyone looking to calculate discounts quickly for budgeting or pricing strategies.
How Are Discount Calculations Performed?
The discount calculator uses the following formula to compute discounted price: Discounted Price = Original Price × (1 - Discount percentage / 100). The total saved is found by taking the discounted price from the original price. The price you started from can also be computed from a discounted price using the following formula: Original Price = Discounted Price / (1 - Discount percentage / 100). These calculations are based upon pricing decisions and strategies outlined in Baye, M. Managerial Economics and Business Strategy, 2009, and Jobber, D., Lancaster, G., Meunier-Fitzhugh, K.L. Selling and Sales Management, 11th Edition, 2019, ensuring the results can be relied upon in everyday use.
Practical Applications
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Plan for budgets while shopping by calculating sale prices.
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Establish competitive pricing for retail or e-commerce businesses.
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Confirm discounts during specials to help maximize savings.
FAQ
What is a discount calculator?
A discount calculator is used to calculate the total price of a product that has been discounted, giving the user information on how much they have saved or verifying they have received the correct sale price.
How to calculate discount percentage?
To find the discount percentage, you would divide the discount amount by the original price of the item and then multiply that number by 100. Our tool does this calculation automatically for you and guarantees accuracy.
How do you find the original price after discount?
To use CalcMate’s discount calculator you need to know the discounted price you have paid and the discount proportion percentage. The original price is calculated using the following formula: Original Price = Discontinued Price / (1 - Discount Percentage / 100).
Can I use the discount calculator for multiple discounts?
For multiple discounts you will need to calculate them one by one. Start with your original price, calculate the first discount, then, take the resulting price and use that as the price for the next discount.
How to calculate discount in Excel?
In Excel the way to calculate the discounted price shall be on the following basis: =Original_Price*(1-Discount_Percenage/100) Example: for item of $100 with a 20% discount, the calculation would be =100*(1-20/100).
What is the formula used in the discount calculator?
Discounted Price = Original Price x (1 - Discount Percentage / 100) Amount Saved = Original Price - Discounted Price. Or, if you want to find the corresponding Original Price: Original Price = Discounted Price / (1 - Discount Percentage / 100). These formulas are based on and reinforce earlier research (Baye M. Managerial Economics and Business Strategy, 2009, and Jobber D., Lancaster G., Meunier-Fitzhugh K.L. Selling and Sales Management (11th Edition), 2019), that precalculating these calculations using a method of any shape or form is advantageous when planning your budget or pricing.