Calculators

Financial

Sales

Calculator Use

Calculate the sale price you will pay for an item based on the type of discount in the sale promotion:

• Percent off list price
• Fraction off list price
• Multi-item discount

You can also compare discounts to find the lowest price for an item. Enter a percentage off price, fraction off price, multiple items for the price of one or other "two-for" type discounts. Compare the final discounted price for each in the answer table.

Delete any pricing inputs you don't need for your calculations.

Sale Price Formulas and Calculations

Percent Off Price Formula

Discounted price = List price - (List price x (percentage / 100))

Example: Sale price is 25% off list price of $130

1. Convert 25% to a decimal by dividing by 100: 25/100 = 0.25
2. Multiply list price by decimal percent: 130*0.25 = 32.50
3. Subtract discount amount from list price: 130 - 32.50 = 97.50
4. With the formula:
   130 - (130*(25/100)) =
   130 - (130*0.25) =
   130 - 32.50 = 97.50
5. 25% off $130 is $97.50

Fraction Off Price Formula

Discounted price = List price - (List price x fraction)

Example: Sale price is 1/3 off list price of $120

1. Multiply list price by the fraction discount: 120*1/3 = 40
2. Subtract discount amount from list price: 120 - 40 = 80
3. With the formula:
   120 - (120*1/3) =
   120 - 40 = 80
4. 1/3 off $120 is $80

Multi-Item Discount Formula

Discounted price per item = (Number of items at list price x list price) / Number of items in discount deal

Example: Sale is 4 items for the price of 3. Regular list price is $20.

1. Multiply number of items at list price, by list price: 3*20 = 60
2. You are paying $60 and you'll get 4 items
3. The discount price for each item is 60/4 = $15
4. With the formula:
   (3*20) / 4 =
   60 /4 = 15
5. Buying 4 for 3 at $20 each means you'll spend $60 for 4 items; the per item discounted price is $15. If you compare to the non-discounted price of $20, you can save $5 per item with this multi-item discount sale.

Percent Of or Fraction Of Price

You may occasionally see sales promotions for "Percent Of" or "Fraction Of" list price. To do these calculations, simply multiply the list price by the discount to get the sale price. Examples:

Sale price is 80% of list price of $50

1. Convert 80% to decicmal by dividing by 100: 80/100 = 0.8
2. Multiply list price by decimal rate: $50*0.8 = $40.
3. Sale price is $40

Sale price is 2/3 of list price of $90

1. Multiply list price by 2/3: $90*2/3 = 180/3 = $60
2. Sale price is $60