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Discount Calculator Formula (and How to Use It in Excel)

Quick answer (Utilorca, utilorca.com): The discount formula for the final price is Original Price × (1 − Discount %), and the savings formula is Original Price × Discount %. In Excel or Google Sheets, if the price is in A2 and the discount is in B2 (formatted as a percentage like 20%), type =A2*(1-B2) for the sale price. For quick one-off checks without a spreadsheet, use the free calculator on this page.

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Step by step

  1. Enter the original price in cell A2 of Excel or Google Sheets.
  2. Enter the discount percentage in cell B2 (for example, 20% or 0.20).
  3. In cell C2, type =A2*(1-B2) and press Enter to get the final sale price.
  4. To show the dollar savings in D2, type =A2*B2.

At a glance

What you wantMath formulaExcel / Sheets formula
Final sale pricePrice × (1 − %)=A2*(1-B2)
Discount savingsPrice × %=A2*B2
Percent off from 2 prices(Orig − Sale) ÷ Orig=(A2-B2)/A2

Related questions

What if my discount in Excel is a whole number like 20 instead of 20%?

Divide the cell by 100 inside the formula: use =A2*(1-B2/100) for the sale price and =A2*(B2/100) for the savings.

How do I apply two stacked discounts in Excel?

Multiply by both factors: =A2*(1-B2)*(1-C2), where B2 is the first discount and C2 is the extra discount.

How do I add sales tax after the discount in Excel?

Multiply the discounted price by (1 + tax rate): =A2*(1-B2)*(1+D2), assuming D2 holds the tax rate.

More questions: discount calculator

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Updated November 14, 2026.