Percentage Off Formula:
From: | To: |
Definition: This calculator determines the discount percentage between an original list price and a sale price.
Purpose: It helps shoppers, retailers, and financial analysts quickly calculate the percentage discount being offered.
The calculator uses the formula:
Where:
Explanation: The difference between list price and sale price is divided by the list price to get the discount fraction, which is then converted to a percentage.
Details: Understanding discount percentages helps consumers make informed purchasing decisions and allows businesses to strategically price their products.
Tips: Enter the original list price and the sale price. The sale price must be less than or equal to the list price for valid results.
Q1: What if the sale price is higher than list price?
A: This would indicate a price increase rather than a discount. Our calculator will not display results in such cases.
Q2: Can I use this for bulk purchases?
A: Yes, you can use either unit prices or total amounts for multiple items.
Q3: How precise are the results?
A: Results are calculated to two decimal places for percentage values.
Q4: Does this work with any currency?
A: Yes, the calculator works with any currency as long as both prices are in the same currency.
Q5: What does 0% off mean?
A: This means there is no discount - the sale price equals the list price.