What is 5% off $40?
Price after 5% off
$38.00
You save $2.00
How it's calculated
- Find the discount: 5% of $40 = $40 × 0.05 = $2.00
- Subtract it from the price: $40 − $2.00 = $38.00
Shortcut: with 5% off you pay 95% of the price, so multiply $40 × 0.95 = $38.00 in one step.
Sales tax, if any, is usually added after the discount and isn't included here.