# 20 percent off 55.74 Step by Step Solution

An item that costs \$55.74, when discounted 20 percent, will cost \$44.59. The easiest way of calculating discount is, in this case, to multiply the normal price \$55.74 by 20 then divide it by one hundred. So, the discount is equal to \$11.15. To calculate the sales price, simply deduct the discount of \$11.15 from the original price \$55.74 then get \$44.59 as the sales price.

See details on how to calculate discounts, as well as, our discount calculator below to figure out discounts and the discounted prices of any item.

### Inputs:

Original Price of the Item: \$

Discount Percent (% off): %

### Results:

Amount Saved (Discount): \$

Sale / Discounted Price: \$

## How to Calculate Discounts - Step-by-Step Solution

To calculate percent off use the following equations:

Amount Saved = Original Price x Discount % / 100 (1)

Sale Price = Original Price - Amount Saved (2)

Here are the solutions to the questions stated above:

### 1) What is 20 percent (%) off \$55.74?

Using the formula one and replacing the given values:

Amount Saved = Original Price x Discount % / 100. So,
Amount Saved = 55.74 x 20 / 100
Amount Saved = 1114.8 / 100

In other words, a 20% discount for an item with original price of \$55.74 is equal to \$11.148 (Amount Saved).

Note that to find the amount saved, just multiply it by the percentage and divide by 100.

### 2) How much to pay for an item of \$55.74 when discounted 20 percent (%)? What is item's sale price?

Using the formula two and replacing the given values:

Sale Price = Original Price - Amount Saved. So,

Sale Price = 55.74 - 11.148

This means, the cost of the item to you is \$44.59.

You will pay \$44.59 for an item with original price of \$55.74 when discounted 20%. In other words, if you buy an item at \$55.74 with 20% discounts, you pay \$55.74 - 11.148 = \$44.59

### 3) 11.15 is what percent off \$55.74?

Using the formula two and replacing the given values:

Amount Saved = Original Price x Discount % /100. So,

11.15 = 55.74 x Discount % / 100
11.15 / 55.74 = Discount % /100
100 x 11.15 / 55.74 = Discount %
1114.8 / 55.74 = Discount %, or