Percent Off Calculator

Percent Off Calculator

Percent off calculator is used to find the total percentage of the amount you saved, it evaluates the percentage using the original price and % off.

What is a Percent Off?

A percent off is a discount expressed as a percentage of the original price of a product or service. It is commonly used by retailers to attract customers and boost sales.

For example: 

A store may offer a 20% off discount on selected items, meaning that customers can purchase those items at 20% less than their original price.

How Percent Off Works?

When a store offers a percent-off deal, they are essentially reducing the price of the product by the specified percentage. This reduction can be applied at the time of purchase or deducted from the original price before displaying the discounted price.

Percent off deals are often accompanied by clear indications of the discount, such as sale tags or promotional banners.

Different Types of Percent Off Deals

There are various types of percent-off deals that you may come across while shopping. Here are some common examples:

Seasonal Sales:

Many retailers offer percent off discounts during specific seasons or holidays. These sales events, such as Black Friday or Christmas sales, are a great opportunity to find substantial discounts on a wide range of products.

Clearance Sales:

Clearance sales are held to clear out old inventory and make room for new products. During these sales, retailers often offer deep discounts, with percent-off deals reaching 50% or more. It's a fantastic chance to grab items at significantly reduced prices.

Flash Sales:

Flash sales are time-limited promotions that offer steep discounts for a short period. These sales create a sense of urgency and encourage customers to make quick purchasing decisions. Flash sales typically offer high percentage discounts but are only available for a limited time.

Promotional Offers:

Promotional offers can include various percent-off deals, such as buy-one-get-one (BOGO) offers or tiered discounts (e.g., 10% off on purchases above $100). These deals aim to incentivize customers to spend more or try new products.

How to calculate the Percent off price?

There are several ways to calculate the percent off but the most authentic way to calculate is as follows:

Formula:

Saving = (%off * original price) / 100

Let’s discuss it in a mathematical way:

Example 1:

The price of a branded shoe pair is $300/- but the brand is offering a 30% discount on that pair of shoes, calculate the savings.

Solution:

Step 1: Extract the data

Original price = $300

% off = 30%

Step 2: Calculations

The formula for calculating the Percent off is as follows:

Saving = (%off * original price) / 100

Put the values in the above formula

Saving = (30 * 300) / 100

Saving = 9000 / 100

Saving = 90$

Remaining price = Actual price – savings

Remaining price = 300$ - 90$

Remaining price = 210$