Back to Money
Money › Discounts
Percentages & discounts
When the sign says 25% off, what does it actually cost? This is where percentages stop being abstract.
Discount calculator
See exactly how much "X% off" actually saves you.
Discount25%
Discount: $20.00 = (25/100) × $80.00
You pay: $80.00 − $20.00 = $60.00
You pay
$60.00
Saved $20.00
Two ways to compute it
- Find the discount:
price × (percent / 100). Then subtract. - Or, multiply by the amount you keep:
price × ((100 − percent) / 100). One step.
Mental math shortcuts
- 10% off — divide by 10, subtract.
- 20% off — divide by 5, subtract. Or take 10% twice.
- 50% off — half.
- 25% off — quarter off. The price you pay is three-quarters.
Tax, the other direction
Sales tax goes the other way: 8% tax on $50 means you pay
$50 × 1.08 = $54. Multiplying by 1.08 is faster than finding 8% and adding it.Stacked discounts
A coat is 20% off, and you have a coupon for an extra 10% off the sale price. That's not 30% off. After the first discount you pay 80%; after the second, 90% of that. Total: 0.8 × 0.9 = 0.72, or 28% off the original.