Percentage Off Formula:
From: | To: |
Definition: This calculator determines the percentage discount between an original price and a discounted price.
Purpose: It helps shoppers, retailers, and financial analysts quickly calculate savings percentages during sales or price comparisons.
The calculator uses the formula:
Where:
Explanation: The difference between original and discounted price is divided by the original price, then multiplied by 100 to get a percentage.
Details: Understanding percentage discounts helps consumers make informed purchasing decisions and businesses set competitive pricing strategies.
Tips: Enter the original price and discounted price (must be ≤ original price). Both values must be positive numbers.
Q1: What if my discounted price is higher than original?
A: The calculator will not display a result as this represents a price increase, not a discount.
Q2: Can I use this for multiple items?
A: This calculates discount for a single item. For multiple items, calculate total original and total discounted prices first.
Q3: How precise is the calculation?
A: Results are shown to 2 decimal places for percentage accuracy.
Q4: Does this work with currencies other than dollars?
A: Yes, the currency doesn't matter as long as both prices are in the same currency.
Q5: Can I calculate original price from discount percentage?
A: No, this calculator only finds the percentage discount from known original and discounted prices.