How calculate percent off
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Introduction
Calculating a discount or percent off on an item is a crucial skill that proves useful in many everyday situations, be it shopping for clothes on clearance or comparing prices during a sale. Here is a comprehensive guide on how to calculate percent off with ease.
Step 1: Understand the Concept of Percent Off
The first step in calculating percent off is understanding the concept. “Percent off” indicates the amount of discount offered on an item by comparing the original price and the sale price. It’s usually expressed as a percentage.
Step 2: Gather Original and Discounted Prices
To perform the calculations, you’ll need two crucial pieces of information—the original price and the discounted price of the item you’re interested in.
Original Price (A): The initial cost of purchasing the item
Discounted Price (B): The new cost of purchasing the item after applying the discount
Step 3: Calculate the Difference between Prices
Subtract the current discounted price from the original price to obtain the difference. This value will help you calculate percent off.
Difference (C) = Original price (A) – Discounted Price (B)
Step 4: Determine the Percent Off
To find out what percentage was taken off to create the discounted price, divide the difference by the original value and multiply by 100:
Percent Off (%) = (Difference (C) / Original Price (A)) * 100
Example:
Let’s apply this formula to a real-world example. Suppose there’s a dress originally priced at $80, but it’s on sale for $64.
Original Price (A): $80
Discounted Price (B): $64
Difference (C) = Original Price (A) – Discounted Price (B)
Difference (C) = $80 – $64
Difference (C) = $16
Percent Off (%) = (Difference (C) / Original Price (A)) * 100
Percent Off (%) = ($16 / $80) * 100
Percent Off (%) = 0.2 * 100
Percent Off (%) = 20%
Thus, the dress is being sold at a 20% discount.
Conclusion
Calculating percent off is a valuable life skill that can help you make informed decisions about your purchases. By following this simple four-step guide, you’ll be able to quickly and easily calculate discounts and compare deals, ensuring that you get the most bang for your buck.