Discount Calculator

What is a Discount Calculator?

With a discount calculator, you can quickly determine how much you save when an item is on sale. It doesn’t matter if you are shopping online or in a store; you can easily find out what the price you need to pay after availing the discount.

How Can a Discount Calculator Help You?

A discount calculator can help you save time and manage your finances better. Here is how it helps:

1. Know Exactly How Much You’re Saving – It tells you the exact amount you’re saving based on the price before discount (original price) and discount percentage.

2. See the Price After Discount Instantly: You will know right away what you will pay at checkout, saving you the hassle of doing the calculations manually.

3.  Compare Deals Easily: Do you also get confused when it comes to deciding between two offers? A discount calculator helps you see which one gives you a better deal.

4.  Budget Smarter: If you are sticking to a budget, it helps you make quick decisions about whether a specific purchase fits in your budget or not. 

5. Avoid Tricky or Misleading Discounts: Sometimes sales can look better than they actually are. A discount calculator cuts through the marketing exaggeration and shows you the real cost of buying a specific item.

How Does a Discount Calculator Work?

Here’s how it works, step-by-step explanation. 

1. Enter the Price Before Discount: This price includes all the costs before any discount is given.

2. Enter the Discount Percentage: Simply insert the Discount Percentage, such as 10%, 25%, 50% and so on.

3. Calculations: The calculator takes the price before discount, multiplies it by the discount percentage and divides the result by 100 to get how much you’ll save. The discount calculator determines the amount of discount as shown in the output as the amount of money you saved.

4. Price After Discount: The discount is deducted from the original price to show you the final amount or price after discount.

Formula to Calculate Discount

Inputs are:

• Price Before Discount 
• Discount Percentage

The basic formula used in any discount calculator is,

Discount = (Price Before Discount × Discount %) ÷ 100

Price After Discount = Price Before Discount − Discount

This helps you figure out how much you are saving and what you’ll pay after the discount is applied.

Example of Discount Calculation

Below is a simple-to-understand example for discount calculation, 

• Price Before Discount = ₹10,000
• Discount Percentage = 12%

Using the formula,

Discount = ₹10,000 × 12 / 100 = ₹1,200

Hence, you saved ₹1,200 on your purchase. Now, the Price after Discount is:

Price Before Discount = ₹10,000 − ₹1,200 = ₹8,800

How to Use the Pocketful Discount Calculator?

It is very simple to use Pocketful’s Discount Calculator 

1. Enter the Price Before Discount: Move the slider or type the amount directly into the box. For example, ₹10,000.

2. Set the Discount Percentage: Use the second slider to adjust the percentage. Let’s say 12%

3. View the Results Instantly: On the right, you’ll see a doughnut chart showing visually about the amount you saved and the price after discount. 

4. Just below the chart is displayed the final price after discount and the amount that you saved, which, according to the above figures, are as follows

• Price After Discount: ₹8,800
• You Saved: ₹1,200 

Whether you’re shopping online, comparing deals, or want to try to stick to a budget, a discount calculator like the one from Pocketful makes life easier. With simply a couple of quick inputs, you get instant clarity on how much you are saving and what the final price after discount will be. The visual chart makes it simple for anyone to understand, whether you’re a daily shopper or just trying to avoid overspending. Next time you spot a discount, do not just guess; calculate it with the help of the Pocketful Discount Calculator!