Dueling Discounts!!!
Save $20, or 20%?
What's This About?
Dollars Off vs. Percent Off
$130 - $20 = $110
What about 20% off? In order to find this you need to do a longer calculation, but it is still pretty easy to do. Percent means "per hundred" so 20% means "20 out of one hundred." If "one hundred" is the original unaltered price, 20% is the amount cut out. The calculation looks like this:
20/100 = 0.2
(0.2)130 = 26
26 is not our final price, however. 26 is just 20% OF $130. To get 20% OFF $130 we now subtract 26 from 130
130 - 26 = $104
Our reduced price is $104.
Example Problems!!!
$20 Off or 20% Off?
Or
20/100 = 0.2(99.99) = $19.99
$99.99 - $19.99 = $80
The reduced prices for both coupons are about the same, but you save ones cent with the $20 coupon. So the $20 coupon would technically save you more money.
$20 Off or 20% Off?
Or
20/100 = 0.2(42.99) = $8.60
$42.99 - $8.60 = $34.40
You save$11.41 with the $20 coupon.
$20 Off or 20% Off?
Or
20/100 = 0.2($89.99) = $18.00
$89.99 - $18.00 = $71.99
You save $2 with the $20 coupon.