What means percent off?
"Percent off" is a discount or reduction in price expressed as a percentage of the original price. It indicates how much you'll save on a product or service.
For example, if a shirt is originally $100 and there's a 20% off sale, you'll get a discount of 20% of $100, which is $20. So, you'll pay $100 - $20 = $80.
How to calculate the percent off?
To calculate the discount, multiply the original price by the percentage off, then subtract the result from the original price.
Using the example above ($100 shirt with 20% off sale price):
The alternative formula to calculate the percent off, in one go is:
Final price = Original Price x ((100 - %Off) / 100)
Final price = $100 x (100-20/100) = $100 x (80/100) = $100 x 0.80 = $80
So, "percent off" is a convenient way to express a discount, making it easy to understand how much you'll save on a purchase.
Example 1 : How to calculate 20% percent off for a smartphone costing $700?
Step 1: Let’s start solving this exercise by identifying the discounted amount.
Discount = Original Price x (Percent Off / 100)
Where $700 is the smartphone cost, and 20% is the discount
$700 x 20/100
$700 x 0.20
$140 if the discount
Step 2: Now, let’s use the second formula to identify the sale price.
New Price = Original Price - Discount
New price = $700 - $140 = $560
Therefore, a discount of 20% on a smartphone costing $700 discounted, results in $140 savings and a new price of $560.
Example 2: How much is X% off $Y?
During the sales period, a pair of jeans is 25% off its original price of $200. What will the new price of the jeans be?
Final price = Original Price x ((100 - %Off) / 100)
$200 x ((100 - 25)/100)
$200 x (75/100)
$200 x 0.75
$150
Therefore, the sale price for a pair of jeans with the original price of 20% off is $150.
Example 3: What is the percent off between two prices?
Let’s say you have a coupon of $10, and you plan to buy a gift costing $90. What will be the percent off and the saved amount?
Since your gift is costing $90 and you subract your coupon of $10, then you will pay $80. To calculate the percent off, let’s use the following formula:
Percent off = (Part ÷ Whole) × 100.
Where Part = 10$ and Whole is $90 then we have:
10/90 x 100
0,1111 x 100
11,11%
Therefore, there is an 11,11$ percent discount on a gift that will cost $80, down from $90.
| Initial Price | 10% off | 15% off | 20% off | 25% off | 30% off | 35% off | 40% off | 45% off | 50% off |
|---|---|---|---|---|---|---|---|---|---|
| $10.00 | $9.00 | $8.50 | $8.00 | $7.50 | $7.00 | $6.50 | $6.00 | $5.50 | $5.00 |
| $20.00 | $18.00 | $17.00 | $16.00 | $15.00 | $14.00 | $13.00 | $12.00 | $11.00 | $10.00 |
| $30.00 | $27.00 | $25.50 | $24.00 | $22.50 | $21.00 | $19.50 | $18.00 | $16.50 | $15.00 |
| $40.00 | $36.00 | $34.00 | $32.00 | $30.00 | $28.00 | $26.00 | $24.00 | $22.00 | $20.00 |
| $50.00 | $45.00 | $42.50 | $40.00 | $37.50 | $35.00 | $32.50 | $30.00 | $27.50 | $25.00 |
| $60.00 | $54.00 | $51.00 | $48.00 | $45.00 | $42.00 | $39.00 | $36.00 | $33.00 | $30.00 |
| $70.00 | $63.00 | $59.50 | $56.00 | $52.50 | $49.00 | $45.50 | $42.00 | $38.50 | $35.00 |
| $80.00 | $72.00 | $68.00 | $64.00 | $60.00 | $56.00 | $52.00 | $48.00 | $44.00 | $40.00 |
| $90.00 | $81.00 | $76.50 | $72.00 | $67.50 | $63.00 | $58.50 | $54.00 | $49.50 | $45.00 |
| $100.00 | $90.00 | $85.00 | $80.00 | $75.00 | $70.00 | $65.00 | $60.00 | $55.00 | $50.00 |
Common percent off questions:
Have you ever been courios what is 30% off $20, or $30, well we have some some answers:
For other similar conversions, don't heasitate to use the table above.
How much is 20% off any number?
Multiply 0.20 with your number. If the value is 100, then 0.20 x 100 = 20, therefore the new value = 100-20=80.
What is the difference between Percent-Off vs Discount?
While often used interchangeably, "Percent-Off" and "Discount" have slightly different meanings.
To illustrate the difference:
While both terms indicate a price reduction, "Percent-Off" provides a relative measure, whereas "Discount" provides an absolute value.