Discounts, Promotions and Rebates Calculator
The Discounts, Promotions and Rebates Calculator calculates how much you can save on a promotion you just saw while shopping. Or maybe you've been shown an ad that encourages you to buy an item with a complex and not-so-obvious promotion? With this tool, no discount or rebate will be a mystery to you. You'll quickly find out how much you'll be paying, how much money you'll be saving, and what the percentage of the promotion is. From the form below, select the type of discount and fill in the required information to see the result.
About the Discounts and Promotions Calculator
To use the Discounts Calculator, first select the type of discount you need. Then enter the required information, such as the price and discount amount. Different types of discounts require different fields to be filled in. For example, for a percentage discount (cheaper by %), you need to enter the price and the value of the discount (in percent), and for a "3 for 2" discount, you need to enter the prices of three products. After entering all the data, you will get a result that includes the amount you will have to pay after applying the discount, how much you will save, and how much the discount actually is (in percent).
This way you will know exactly how attractive the promotion is. The Discount Calculator will help you decide whether to make a purchase using this offer.
Types of discounts, promotions, and rebates and how they are calculated
Our calculator calculates the following types of discounts: Percentage Discount (% Off), Percentage Discount on Second Product (Second Product % Off), Percentage Discount on Third Product (Third Product % Off), Fixed Discount Amount (Price Discount), Two for One (2 for 1), Three for Two (3 for 2), Double Percentage Discount (Double Discount).
Below is information on how the different types of discounts are calculated.
- Percentage discount (cheaper by %) is probably the most common form of promotion in stores. Merchants offer a certain discount value on products expressed as a percentage, such as 30%. The formula for calculating the price of a product after the discount is as follows `price * (1 - (discount / 100))`. For example, if a blouse costs 120 $ and is discounted by 40%, then 120 * (1 - (40 / 100)) = 48. So we pay only 48 $ for the blouse.
- The discount on the second product (second product cheaper by %) is designed to encourage buyers to buy more products. You have to pay the regular price for the more expensive product, while a discount is applied to the second (cheaper) product. For example, if you buy two pairs of shoes in a promotion where the second product is 30% cheaper, then if one pair costs 100 $ and the other 120 $, you will pay a total of 190 $. In fact, you will pay 13.64% less for your purchases.
- The third product discount (third product cheaper by %) is similar to the one above. To use it, you need to buy three products and the discount will be calculated on the cheapest one.
- The discount on the fourth product (the fourth product is cheaper by %) and the discount on the fifth product (the fifth product is cheaper by %) are discounts that can be found under the name of multi-rabat. We have the opportunity to buy 4 or 5 products, and we will pay less for the cheapest one (e.g. 99% or 1$). In these two discounts you can specify the discount for the product in percent or its value. If both fields have values, the result will be given for the percentage discount.
- A discount is a reduction in the price of a product by a certain (fixed) amount. We may encounter a promotion where products from a certain department have a fixed price discount. For example, if a product costs 249.99 $ and the promotion says 20 $ discount, we will pay for it 249.99 $ - 20 $ = 129.99 $, which means 8% discount.
- Two for one (2 for 1) means that you pay for one product and get the other (cheaper or of the same price) for free. For example, if you buy two shampoos for 15 $, you will pay 15 $ instead of 30 $. This means that the discount is 50%.
- Three for two (3 for 2) is similar to the above. In this case we have to pay for two of the three products. If we buy three bottles of shampoo, each costing `10`, we will pay `20` instead of `30`. In this case the discount is 33.33%.
- Double discount - in online stores you can find products that are discounted by, for example, 30%. If we have a discount code that reduces the price of the product by, for example, 20%, we can use it and buy the product even cheaper. Applying a double discount does not mean that we will pay 50% less for it, but 44.00% less.
We hope this Discounts and Promotions Calculator will help you with your purchasing decisions. Keep in mind that not every promotion is as good as we think it is. The discount calculator will help you find out.