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Price Percent Off Calculator

Discount Formula:

\[ \text{Discounted Price} = \text{Original Price} \times (1 - \frac{\text{Discount \%}}{100}) \]

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1. What is the Price Percent Off Calculator?

The Price Percent Off Calculator helps you determine the final price after a percentage discount and the amount you'll save. It's useful for shopping, sales, and financial planning.

2. How Does the Calculator Work?

The calculator uses the discount formula:

\[ \text{Discounted Price} = \text{Original Price} \times (1 - \frac{\text{Discount \%}}{100}) \]

Where:

Explanation: The formula calculates the remaining percentage (100% - discount%) of the original price.

3. Importance of Discount Calculation

Details: Understanding discounts helps with budgeting, comparing deals, and making informed purchasing decisions. It's essential for both consumers and businesses.

4. Using the Calculator

Tips: Enter the original price in dollars and the discount percentage (0-100). The calculator will show the final price and amount saved.

5. Frequently Asked Questions (FAQ)

Q1: Can I calculate multiple discounts?
A: For multiple discounts, apply them sequentially. For example, 20% off then 10% off is not the same as 30% off.

Q2: How do I calculate the original price from a discount?
A: Original Price = Discounted Price / (1 - Discount%/100)

Q3: What's the difference between percent off and fixed amount off?
A: Percent off varies with price, while fixed amount is constant. Percent off is better for expensive items.

Q4: How do discounts affect taxes?
A: In most places, sales tax is applied to the discounted price, not the original price.

Q5: What's a good discount percentage?
A: This depends on the product and context. Typical sales range from 10-50% off, with deeper discounts for clearance items.

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