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Any kind of decrease in the cost of an item or service is referred to as a discount. The two most popular kinds of discounts are percentage-based and fixed-amount discounts. Typically, a percentage off of a price means deducting a certain amount, like 10%, from the initial cost of the good or service. Subtracting whatever the predetermined amount is from the initial price is referred to as "a fixed amount off of a price." Discount Calculator Discount Calculator Original Price : Discount Percent (%): Calculate