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Discount: $1.50

Final Price: $148.50

Details

Discount = Original Price × Discount % / 100

Discount = 150.00 × 1/100

Discount = 150.00 × 0.01

You save = $1.50

You can easily calculate the discount or percent-off and the final or Final Price of an item by following these steps:

1. Multiply the original price by the discount percentage, then divide it by 100 :

150.00 times 1 divided by 100 =

150.00 × 1 / 100 = 150.00 × 0.01 = 1.50 (This is the discount).

2. Subtract the discount (percent-off) from the original price to get the final price:

150.00 minus 1.50 = 150.00 - 1.50 = 148.50.

So, an item that costs 150.00, when discounted 1 percent, will have the final price equal to 148.50.