How much is a 5 percent discount on 0.55?
The discount of 5 percent on 0.55 will be 0.03, while the final price is 0.52.
Discount Calculator ?Please change the values of the two first boxes below and get answers to any combination of values.
Price before the discount: $
Price after discount:
How to figure out a 5 percent discount on 0.55 - Step-by-Step
Problem: Calculate the exact sale price of an item originally priced at $0.55 and now has a 0.05% 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.
5% = 5.00% = 0.05
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.
0.55 × 0.05 = 0.03 (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,
0.55 - 0.03 = 0.52 (discount savings amount)
To calculate discount, as explained above, is easy by using the following equations: