How to Figure Out The Sale Price of Something Quickly in Your Head
Here's an easy way to calculate the sale price of something when there's a percentage-off discount. This technique is very handy whether you're holiday shopping or grocery shopping!
Instructions
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Round the regular price to full dollars. If it's $8.95, round it to $9.00.
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Figure out the "pay percent," which is the percent you actually pay. Sounds hard but it's very easy. Full price is 100%, right? Subtract the sale percent from 100 to get the pay percent. Example: If there's a sale for 20% off, then subtract 100-20=80. 80 is the pay percent, the percent you actually pay.
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Multiply the regular price by the pay percent, and that's the sale price.
Let's try: regular price is $8.95, and it's on sale for 20% off. Round $8.95 to 9. Calculate pay percent to be 80 (100-20=80). Multiply 9x80=720 (9x8=72, so 9x80=720). The sale price is $7.20.
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Tips & Warnings
If decimals scare you, then use logic. If a $9 item is 20% off, logic tells you the final price can't be $72 or $.72; $7.20 makes sense.
If an item is 25% off, you can figure out the discount for 20% off and 30% off and know that the final price is halfway between.
If you have kids, this is a great real-world example of why they should learn their multiplication tables!
Resources
Comments
View all 11 Comments-
annaiam
Feb 27, 2009
Great tips, this is the way I shop too! 5*, thanks for posting this for everyone! -
Addie Protivnak. boatst
Feb 24, 2009
Excellant article. I do this in my head when I shop. But if you ask me what 2 2 equal I'd have trouble. Thanks for article. -
emuman1
Feb 11, 2009
This will come in handy. 5* -
Fire Dancer
Sep 24, 2008
Good tips! I can always use this when shopping. -
Linda McCloud
Sep 24, 2008
Great tip. The way I love to shop, this is a good one for me.