# How to calculate discount

1 percent-off 1 is 0.99

### Inputs:

Price before discount: \$
Discount: %

### Results:

Discount:

Price after discount:

## How to calculate discount

You can easily calculate the discount or percent-off, as wel as, the final price or the proce after the disccouny of a product by following these steps:

1. Multiply the list price by the discount percentage, then divide it by 100:

1.00 times 1.00 divided by 100 = 1.00 × 1.00 / 100 = 1.00 × 0.01 = 0.01 (This is the discount).

2. Subtract the discount from the price before discount to get the final price:
3. Final Price = 1.00 minus 0.01 = 1.00 - 0.01 = 0.99.

So, an item that costs 1.00, when discounted 1.00 percent, will have the final price equal to 0.99.

## How to figure out 1 off 1 - Step-by-Step

Problem: Calculate the exact sale price of an item originally priced at \$1.00 and now has a 0.01% discount. See, below, how to solve it in three steps.

### Step 1 - Convert the percentage discount to a decimal

Imagine the percent number with a decimal to the right of the last digit, then, move the decimal point two places to the left.

1% = 1.00% = 0.01

### Step 2 - Multiply the price before the discount by the decimal

You will find the discount, or what value is being taken off the price before the discount. You can use a calculator to do it.

1.00 × 0.01 = 0.01 (discount)

### Step 3 - Subtract the discount from the price before the discount

Subtracting the discount from the price before the discount, will give you the sale price of the item. So,

1.00 - 0.01 = 0.99 (discount savings amount)

## Discount Formulas

To calculate discount, as explained above, is ease by using the following equations:

Discount = Price Before Discount × Discount % / 100
Final Price = Price Before Discount - Discount