what is 20 off of 59.99

Natashya

2 min read

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27-12-2024

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Want to know how much you'll save with a 20% discount on a $59.99 item? This article will show you how to calculate the discount and the final price, along with some handy tips for similar calculations. Finding the discounted price is easier than you might think!

Calculating the Discount

To figure out what 20% off of $59.99 is, we'll break it down into simple steps:

1. Convert the percentage to a decimal: Divide 20 by 100. This gives you 0.20.

2. Multiply the original price by the decimal: Multiply $59.99 by 0.20. This calculation is: $59.99 x 0.20 = $11.998

3. Round the discount (optional): Since we're dealing with money, we'll usually round to two decimal places. $11.998 rounds down to $11.99.

Therefore, a 20% discount on $59.99 is $11.99.

Calculating the Final Price

Now that we know the discount amount, let's find the final price you'll pay:

1. Subtract the discount from the original price: Subtract the discount ($11.99) from the original price ($59.99). This is: $59.99 - $11.99 = $48.00

The final price after a 20% discount is $48.00.

Quick Tip: Calculating Discounts in One Step

You can also calculate the final price directly. This method avoids the intermediate rounding step, ensuring more accuracy:

1. Subtract the percentage from 100%: 100% - 20% = 80%

2. Convert the remaining percentage to a decimal: 80% / 100% = 0.80

3. Multiply the original price by the decimal: $59.99 x 0.80 = $47.992

4. Round to two decimal places: $47.99

This method yields a slightly different result due to rounding. Both methods are perfectly acceptable. Using the one-step method might produce more accurate results if you work with many discounts.

Using a Calculator or Spreadsheet

For more complex discounts or large quantities of calculations, a calculator or a spreadsheet program (like Excel or Google Sheets) can be incredibly helpful. These tools handle the calculations quickly and accurately, minimizing errors.

Other Discount Examples

Using the methods above, you can easily calculate discounts for other percentages and prices. For instance, to figure out what 15% off of $75.00 is, you would use the same steps. Remember to always convert the percentage to a decimal before performing calculations.

This information should help you easily determine the cost of items with a 20% discount. Remember to always check the final price before making your purchase!