Understanding how much you've saved after a price reduction is essential for budgeting and financial planning. Our Cost Decrease Calculator allows you to quickly determine the percentage decrease in price after a discount.
How to Use the Cost Decrease Calculator?
1. Enter the original price of the item in USD.
2. Enter the discounted price after the reduction in USD.
3. Click on 'Calculate Cost Decrease' to find out the percentage decrease in cost.
Formula for Calculating Cost Decrease
The formula used to calculate the cost decrease percentage is:
Cost Decrease (%) = ((Original Price - Discounted Price) / Original Price) * 100
Example Calculation
If the original price of a product is $100 and the discounted price is $75, the cost decrease percentage will be:
Cost Decrease (%) = ((100 - 75) / 100) * 100 = 25%
Understanding Cost Decrease
Knowing the percentage decrease in price can help you make informed purchasing decisions and evaluate whether a deal is worth it.