fandandy 3,311 Posted June 24, 2020 I'm trying to figure out a percentage decrease in cost. If something used to cost me 1.22 and now costs me .95 , what percent savings is that and what is the equation that I would use to figure it out. Thanks in advance. Share this post Link to post Share on other sites
TimmySmith 2,782 Posted June 24, 2020 95/122? The answer - 1 would be % savings. Share this post Link to post Share on other sites
Reality 2,710 Posted June 24, 2020 12 minutes ago, TimmySmith said: 95/122? The answer - 1 would be % savings. Share this post Link to post Share on other sites
TBayXXXVII 2,117 Posted June 24, 2020 41 minutes ago, fandandy said: I'm trying to figure out a percentage decrease in cost. If something used to cost me 1.22 and now costs me .95 , what percent savings is that and what is the equation that I would use to figure it out. Thanks in advance. There's two ways... as mentioned above: 0.95 / 1.22 = 0.7787 (that's not your savings though). To get your savings, you have to subtract... 1 - 0.7787 = 22.13% The other way would be to subtract first.. 1.22 - 0.95 = 0.27 (then divide the result by the original price) 0.27 / 1.22 = 22.13% Whichever way is best for you, go with it. If you have your phone with you, the second way is faster on your calculator... (1.22-.95) / 1.22% = 22.13 Share this post Link to post Share on other sites
fandandy 3,311 Posted June 24, 2020 Awesome. That makes sense and thank you. Share this post Link to post Share on other sites