# Discount Calculator

For a Business Mathematics **student**, it is **common** to calculate the discount for various purposes. It is because of assignment **completion**, professional **tasks**, and others. **Calculating discounts** is an easy task when you have simple values and know the process to do so. But it will be **difficult** when you have difficult values to **deal** with.

In such a **regard**, the best way to calculate the discount is using **Discount Calculator**. This online tool will use your **input** details and a **pre-programmed formula** to calculate the discount. The task will not take more than a few seconds while using this maths calculator. Whether you are a student or a professional, this tool can be helpful for you to **perform** the conversion. Let’s read about it in **detail** here.

**Table of Contents**

## What is a Discount?

Discount is the **deduction** or reduction to the original **price** of the product or **service**. For example, if you are selling a product at $35 and deduct its price to **$30** after **6 months**, you are giving a discount of **$5**.

In general, we can say that if a **product** or service is sold at a **lower price** than the original price, it will be **termed** as a discount given on that product. The **price** before the discount will always be **larger** than the price after the **discount**.

In real life, you have seen multiple stores **offer** lower prices for their products on **special** occasions like **Christmas**, this process is called giving a discount to the **customer**.

## Discount Formula

The formula to calculate the discount is pretty simple. You only need to know the original price and the new price for a particular product. Here is the formula you are going to use for this purpose.

Discount = Original Price - New Price

### How to calculate a discount?

The process to calculate Discount using a Discount Calculator or through a manual process is not difficult. You only have to follow the above-written formula for this calculator. Here we have solved an example for the sake of your understanding.

**Example 1:**

If the original price of a bag is $35 and the new price is $20, how much discount the seller is offering?

**Solution:**

As we know

Discount = Original Price - New Price

So,

= $35 - $20

Discount = $15

### How to use the discount calculator?

If you have bigger values that you think are hard to solve, you can use this tool by Calculator’s Bag. To calculate the Discount, you only need to follow these steps.

- Enter the original price in the first box
- Enter the new price in the second box
- This calculator will automatically show the value of the discount your product has

### FAQ | Discount Calculator

**How does the discount system work?**

The discount system works by subtracting the new price from the original price. It is mainly used in B2B & B2C fields.

**What are the 3 types of discounts? **

Discount has 3 major types that are mentioned below:

- Trade Discount
- Quantity Discount
- Cash Discount

Mostly, cash discount is used widely all over the globe.

**What are the two methods of discount? **

The method to calculate the discount varies from type to type. But the simplest way to do so is by subtracting the original price from the original price of a product.

**How do I calculate the discount percentage? **

To calculate the discount percentage, you have to divide the discount amount by the original amount and then multiply the final answer by 100%. Here is the formula to do

so,

Discount % = (Discount / Original Price) x 100%