Discounts are often used by retailers to attract customers and encourage them to make a purchase. One common way of expressing a discount is by offering a percent discount. Calculating the new discounted price can sometimes be confusing, but with a little bit of knowledge, you can easily find out how much you’re saving. In this article, we’ll teach you how to calculate percent discount so you can make informed decisions when shopping.

Step 1: Understand the basics

A percent discount is simply a percentage that is subtracted from the original price. For example, if an item originally costs $100 and has a 20% discount, you would save $20 off the original price. The general formula for calculating the discounted price is as follows:

Discounted_Price = Original_Price * (1 – Discount_Percentage)

Step 2: Convert the percentage to a decimal

To work with the formula, you need to convert the percentage to its decimal form. To do this, simply divide the percentage by 100. If the discount percentage is 20%, you would divide 20 by 100 to get 0.20.

Step 3: Calculate the discount amount

Next, multiply the original price by the decimal form of the percent discount. Using our example with an original price of $100 and a discount percentage of 20%, we would multiply:

$100 * 0.20 = $20

This tells us that we have a $20 discount on the original price.

Step 4: Find the discounted price

To find the final discounted price, subtract the discount amount from the original price:

$100 – $20 = $80

So, after applying a 20% discount, our final price will be $80.

Conclusion:

Calculating percent discounts isn’t difficult once you understand the basic principle and formula behind it. Next time you come across a sale, you can easily determine the discounted price and make better decisions on whether or not to make a purchase. Just remember to convert the discount percentage to a decimal, multiply it by the original price, and subtract the result from the original price to find the final discounted price. Happy shopping!