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What Percentage Off Calculator

Percentage Off Formula:

\[ \text{Percentage Off} = \left( \frac{\text{List Price} - \text{Sale Price}}{\text{List Price}} \right) \times 100 \]

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1. What is a Percentage Off Calculator?

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.

2. How Does the Calculator Work?

The calculator uses the formula:

\[ \text{Percentage Off} = \left( \frac{\text{List Price} - \text{Sale Price}}{\text{List Price}} \right) \times 100 \]

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.

3. Importance of Percentage Off Calculation

Details: Understanding discount percentages helps consumers make informed purchasing decisions and allows businesses to strategically price their products.

4. Using the Calculator

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.

5. Frequently Asked Questions (FAQ)

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.

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