Free Discount Calculator
Calculate discounts and sale prices instantly. Find out how much you'll save on your purchases.
Discount Calculator Tool
Discount Calculator
Calculate sale prices, savings, and effective discount rates.
Price & Discount Information
Enter the original price before any discounts
Enter the regular price before any discounts
Calculation Results
Original Price
$100.00
Final Price (Before Tax)
$0.00
You Save
$0.00
Effective Discount
0.00%
Savings Breakdown
Final Price
$0.00
Total Savings
$0.00
Maximize Your Savings
Did you know you can save even more on your purchases by combining store discounts with these two strategies:
Rakuten Cashback
Earn up to 10% cashback at 3,500+ stores on top of any store discounts.
Robinhood Gold Card
Earn 3% cashback on all purchases with no category restrictions.
Rakuten Cashback Details
Double Your Savings with Rakuten Cashback
After calculating your discount with our calculator, take your savings even further with Rakuten:
- Shop at 3,500+ stores including Amazon, Walmart, Target, and more
- Earn up to 10% cashback on top of any store discounts and coupons
- Get a $30 welcome bonus after your first qualifying purchase
- Receive payment via check or PayPal every 3 months
How to Use Our Free Discount Calculator
Enter the Original Price
Start by entering the original price of the item before any discounts are applied. This is the regular or list price of the product or service.
Specify the Discount
Enter the discount as either a percentage (e.g., 25%) or a fixed amount (e.g., $10). You can toggle between these options based on how the discount is presented.
Calculate Multiple Discounts (Optional)
If you have multiple discounts (like a sale plus a coupon), you can add them to see the cumulative effect. The calculator will show how each discount affects the price.
Include Tax Calculation (Optional)
If you want to see the final price including sales tax, enter your local tax rate. The calculator will add this to the discounted price.
Review Your Results
The calculator will instantly show you the discounted price, the amount saved, and the percentage discount. If you included tax, you'll also see the final price with tax included.
Robinhood Gold Card Benefits
Save Even More with the Robinhood Gold Card
The ultimate cashback card for savvy shoppers who love discounts
Recommended by financial experts as one of the best cashback cards of 2023 for everyday spending
Why the Robinhood Gold Card?
3% Unlimited Cashback
On all purchases with no category restrictions
Instant Rewards
No waiting for statement cycles to close
No Annual Fee
Keep more of your cashback rewards
No Foreign Transaction Fees
Perfect for international purchases
That's $30 back on every $1,000 you spend, with no limits or category restrictions.
Understanding Discounts and Savings
Types of Discounts
Discounts come in various forms, each calculated differently:
Percentage Discounts
The most common type, where a certain percentage of the original price is deducted (e.g., 20% off).
Fixed Amount Discounts
A specific dollar amount is subtracted from the original price (e.g., $10 off).
Buy One Get One (BOGO)
Purchase one item and receive another at a reduced price or free.
Volume Discounts
Price reductions based on purchasing multiple items or services.
Seasonal Discounts
Temporary price reductions during specific times of the year (e.g., holiday sales).
Cashback Rewards
Receive a percentage of your purchase back as cash or rewards points.
How Discounts Are Calculated
For percentage discounts, the calculation is:
Discount Amount = Original Price × Discount Percentage
Sale Price = Original Price - Discount Amount
For example, if an item costs $80 and has a 25% discount:
Discount Amount = $80 × 0.25 = $20
Sale Price = $80 - $20 = $60
Multiple Discounts
When multiple discounts are applied, they are typically calculated sequentially rather than added together.
Example with sequential 20% and 10% discounts:
First discount: $100 - (20% of $100) = $100 - $20 = $80
Second discount: $80 - (10% of $80) = $80 - $8 = $72
Important Note:
This is different from a single 30% discount, which would result in a price of $70. Sequential discounts always result in a higher final price than a single combined discount.
Stacking Discounts with Cashback
To maximize your savings, consider stacking discounts with cashback rewards from services like Rakuten or credit cards like the Robinhood Gold Card.
Example:
Original price:
$100
Store discount (20%):
-$20
Sale price:
$80
Cashback (3%):
-$2.40
Final effective price:
$77.60
Understanding Sales Tax
Sales tax is typically applied after discounts have been calculated.
The formula is:
Tax Amount = Discounted Price × Tax Rate
Final Price = Discounted Price + Tax Amount
For example, with a $60 discounted price and 8% sales tax:
Tax Amount = $60 × 0.08 = $4.80
Final Price = $60 + $4.80 = $64.80
Comparing Deals
When comparing different discount offers, it's important to calculate the final price rather than just looking at the discount percentage.
Example comparison:
Option 1:
30% discount on $100 item
Final price: $70
Option 2:
20% discount on $80 item
Final price: $64
The second option is actually cheaper despite having a lower discount percentage.
Frequently Asked Questions
How do I calculate a discount?
To calculate a discount, multiply the original price by the discount percentage (converted to a decimal) to find the discount amount. Then subtract the discount amount from the original price to get the final price.
Example:
Original price: $100
Discount: 20%
Discount amount: $100 × 0.20 = $20
Final price: $100 - $20 = $80
What's the difference between a percentage discount and a dollar amount discount?
A percentage discount reduces the price by a proportion of the original price, while a dollar amount discount reduces the price by a fixed amount regardless of the original price. Percentage discounts are more common for retail items, while dollar amount discounts are often used for coupons or promotional offers.
How can I maximize my savings when shopping?
To maximize your savings, consider these strategies:
- Use cashback services like Rakuten to earn money back on purchases
- Pay with a cashback credit card like the Robinhood Gold Card
- Stack store discounts with promotional codes
- Shop during major sales events (Black Friday, Cyber Monday, etc.)
- Use price comparison tools before making a purchase
What is a "stackable" discount?
A stackable discount is when multiple discounts can be applied to the same purchase. For example, you might use a 20% off coupon, plus get 5% cashback from Rakuten, and an additional 3% from your credit card. Our calculator helps you see the combined effect of these discounts.
Is it better to apply percentage discounts before or after dollar discounts?
Generally, it's more advantageous to apply percentage discounts first, followed by dollar amount discounts. This is because the percentage discount will reduce the price by a larger amount when applied to the original price rather than a price that's already been reduced by a dollar amount.
The Ultimate Savings Strategy
Combine our discount calculator with these powerful tools to maximize your savings on every purchase.
Step 1: Get Cashback with Rakuten
Earn up to 10% cashback at over 3,500 stores plus a $30 welcome bonus.
Join Rakuten FreeStep 2: Pay with Robinhood Gold Card
Get an additional 3% cashback on all purchases with no category restrictions.
Apply for Gold CardExample: Save $132 on a $500 Purchase
Original Price
$500
Store Discount (20%)
-$100
Rakuten Cashback (5%)
-$20
Gold Card (3%)
-$12
Effective Final Price:
$368
Total Savings: $132 (26.4%)