When you see the phrase "70% off 80.00," it refers to a specific type of discount where a certain percentage of the original price is deducted from the price. In this case, the original price of the item is $80, and the discount is 70%. Let's break down how to calculate this discount and the final price.
The Discount Calculation
The first step in calculating a discount is to determine the amount of the discount. To do this, you multiply the original price by the discount percentage. In this example, the original price is $80, and the discount percentage is 70%.
[ \text{Discount Amount} = \text{Original Price} \times \text{Discount Percentage} ]
[ \text{Discount Amount} = 80 \times 0.70 ]
[ \text{Discount Amount} = 56 ]
So, the amount of the discount is $56. Now that you know how much money is being taken off, you can move on to the next step: calculating the final price.
The Final Price
The final price is the original price minus the discount amount. So, to find out the final price of the item, you subtract the discount amount from the original price.
[ \text{Final Price} = \text{Original Price} – \text{Discount Amount} ]
[ \text{Final Price} = 80 – 56 ]
[ \text{Final Price} = 24 ]
Therefore, the final price of the item after the 70% discount is $24.
How to Use this Information
Now that you know how to calculate a 70% discount, you can apply this knowledge to other scenarios. For example, if you're shopping online and see a promotional code for 70% off, you can use this information to calculate the final price before applying the discount.
In addition, if you're looking to compare prices between different items, you can use this formula to determine the percentage off each item.
##, calculating a discount is a simple process that involves multiplying the original price by the discount percentage and then subtracting that amount from the original price to find the final price. For the example given in the introduction, the final price of an item with the original price of $80 and a 70% discount is $24.
This content was created to help consumers understand how to calculate discounts and make informed purchasing decisions. By applying the concepts outlined in this article, you can easily calculate whether a specific discount is beneficial for the price of an item.
