What is 1 percent off 500 Dollars
The easiest way of calculating discount is, in this case, to multiply the normal price $500 by 1 then divide it by one hundred. So, the discount equals $5. To calculate the sales price, simply deduct the discount of $5 from the original price $500 then get $495 as the sales price.
Discount or Percent-off Calculator
How to Calculate Discounts - Step-by-Step Solution
To calculate the percent off, use the following equations:
Here are the solutions to the questions stated above:
1) What is 1 percent (%) off $500?
Using the formula one and replacing the given values:
Amount Saved = Original Price x Discount % / 100. So,
Amount Saved = 500 x 1 / 100
Amount Saved = 500 / 100
Amount Saved = $5 (answer)
In other words, a 1% discount for an item with the original price of $500 is equal to $5 (Amount Saved).
Note that to find the amount saved, just multiply it by the percentage and divide by 100.
You may have received a promotional code for a 1 percent of discount. If the price is $500, what is the sales price:
2) How much do you pay for an item of $500 when discounted 1 percent (%)? What is the item's sale price?
Using the formula two and replacing the given values:
Sale Price = Original Price - Amount Saved. So,
Sale Price = 500 - 5
Sale Price = $495 (answer)
This means the cost of the item to you is $495.
You will pay $495 for an item with an original price of $500 when discounted by 1%. In other words, if you buy an item at $500 with a 1% discount, you pay $500 - 5 = $495
You may have received an Amazon promo code of 5. If the price is $500, what was the amount saved in percent:
3) 5 is what percent off $500?
Using the formula two and replacing the given values:
Amount Saved = Original Price x Discount % /100. So,
5 = 500 x Discount % / 100
5 / 500 = Discount % /100
100 x 5 / 500 = Discount %
500 / 500 = Discount %, or
Discount % = 1 (answer)
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