The formulas used in the calculations are:
\[ \text{Savings} = \text{Original Price} \times \frac{\text{Discount %}}{100} \]
\[ \text{Price after discount} = \text{Original Price} - \text{Savings} \]
This calculator computes the price after a percentage discount and the amount saved based on the input values of the original price and the discount percentage.
Let's assume the following:
Calculate the savings:
\[ \text{Savings} = 5000 \times \frac{75}{100} = 5000 \times 0.75 = 3750 \]
Calculate the price after discount:
\[ \text{Price after discount} = 5000 - 3750 = 1250 \]
Therefore, the savings are $3750, and the price after a 75% discount is $1250.
