5% Discount Calculator
About
This 5% Discount Calculator was created to help you quickly and easily calculate 5% off a price, showing the discounted price and exactly how much less you’ll pay. But it’s not limited to just 5%—you can enter any discount percentage or price for calculating.
Unlike other percentage calculators, this tool updates results automatically as you type, it’s designed for speed, simplicity, and a smooth experience. With a clean, modern look and mobile-friendly layout, it works beautifully on any device. Whether you’re figuring out how much less something costs or just curious about the savings, this tool was built to make discount calculations effortless.
How to take 5 percent off a price
To take 5 percent off a price, just multiply the original price by 0.05, then subtract that amount from the original price. Or directly multiply the original price by 0.95.
The formula is:
Final Price = Original Price × (1 – 0.05)
For example, if the original price is $80:
$80 × 0.95 = $76
So, 5% off $80 gives you $76.
In Excel, you can do the same with a formula like:=A1 * (1 - 5%)
(Assuming the original price is in cell A1.)
Or even simpler:=A1 * 0.95
If you prefer not to do the math yourself, you can use our free online 5% Discount Calculator. Just enter the original price and the discount percent (not limited to 5%—you can input any value), and the calculator will instantly show you how much you save and the final price. It’s a fast, user-friendly way to understand exactly how much less you’ll pay.
How to Calculate Any Percentage Discount Off a Price
To calculate any percentage discount off a price, use this formula:
Final Price = Original Price × (1 – Discount Percentage / 100)
Example:
If an item costs $200 and you want to apply a 20% discount:
Convert 20% to decimal → 20 / 100 = 0.2
Multiply: $200 × (1 – 0.2) = $200 × 0.8 = $160
So the final price after 20% off is $160.
You can also find the amount saved by:
Amount Saved = Original Price × (Discount Percentage / 100)
In this case: $200 × 0.2 = $40 saved
Alternatively, you can use our Discount Calculator to do it for you automatically—just enter the price and the discount, and it instantly shows the result.
More Calculators
If you’re working with percentages in different contexts, you may also find these calculators helpful:
Percentage Calculator – an all-in-one tool to quickly calculate percentages for a variety of purposes
Percentage Increase Calculator – see how much a value has grown
Percentage Decrease Calculator – see how much a value has dropped
Percentage Change Calculator – find out how much a value has increased or decreased
Percentage Difference Calculator – compare two values to see the relative difference
Percent Off Calculator – find out the sale price after a percentage discount
Discount Calculator – calculate discount amount, final price, or original price