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    Home » How to Calculate 20 Percent Off a Price? (With Examples)
    Technology

    How to Calculate 20 Percent Off a Price? (With Examples)

    Sayan DuttaBy Sayan DuttaMay 6, 20233 Mins Read
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    How to Calculate 20 Percent Off a Price
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    Are you eager to save money and score the best deals on your purchases? In today’s competitive market, discounts play a vital role in attracting customers and are often used as an enticing marketing strategy.

    Knowing how to calculate 20 percent off a price can help you take advantage of these promotions, maximize your savings, and make better-informed decisions while shopping.

    How To Calculate 20 Percent Off A Price?

    Learn the simple formula and use discount calculators to calculate 20 percent off a price, and start saving money on your purchases.

    1. Using A Simple Formula

    Calculating a 20 percent discount off a price is an essential skill for savvy shoppers, and it’s easier than you might think. With just a quick application of a simple formula, you can determine the discounted price of an item in no time.

    The key to this formula lies in understanding that discounts are expressed as a percentage of the original price. 

    To calculate the new cost following the deduction, simply multiply the original price by 1 – Discount rate.

    For example, let’s say you come across a stylish jacket priced at $100 with a tempting 20% discount tag. 

    Apply the formula above by multiplying $100 (the original cost) by 0.80 (which represents one minus the discount rate).

    Using Discount Calculators

    In today’s digital age, using discount calculators can make calculating 20 percent off a price even simpler and more efficient. These handy online tools or mobile apps allow users to input the original price and percentage discount (in this case, 20%) to quickly determine the discounted amount and final cost.

    For instance, consider that you are shopping for a new television priced at $500. By using a discount calculator app on your smartphone, simply enter the original price of $500 along with the 20% discount rate.

    The calculator will then display the discounted amount of $100 as well as your final cost of $400 after subtracting this saving from the initial price.

    Examples For Better Understanding

    To better understand how to calculate a 20% discount, let’s take a look at some examples:

    1. Example One: A pair of shoes is originally priced at $80. To calculate the discounted price, we multiply $80 by 0.2 (the decimal equivalent of 20%) to get $16. This means the discounted price would be $64.

    2. Example Two: A laptop is originally priced at $1,200. To calculate the discounted price, we can use mental math and take 20% off the last two digits, which is $240, and subtract that from the original price to get $960.

    3. Example Three: A furniture set is on sale for 20% off its original price of $2,500. Using the formula, we can calculate the discounted price as follows:

    $2,500 x (1 – 0.2) = $2,000

    This means that the discounted price for the furniture set would be $2,000.

    It is important to compare prices and double-check calculations before making a purchase to ensure that you are getting a good deal.

    By using these examples and understanding how discounts are calculated, you can make informed purchasing decisions and save money on your next purchase.

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    Sayan Dutta
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    I am glad you came over here. So, you want to know a little bit about me. I am a passionate digital marketer, blogger, and engineer. I have knowledge & experience in search engine optimization, digital analytics, google algorithms, and many other things.

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    Table of Contents

    • How To Calculate 20 Percent Off A Price?
      • 1. Using A Simple Formula
      • Using Discount Calculators
    • Examples For Better Understanding

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