I can't figure this out. I'm selling some items for $120. Original cost was $1200, what is the percentage of saving and how did you figure it out.
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Mathematics wizard ?
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The saving is 90%
There are two ways to calculate it:
1. Selling price / original cost x 100 = Percentage of original price:
(120 / 1200 x 100 = 10%), i.e. the selling price is 10% of the original cost, so 100%  10% = 90% saving.
2. (Original cost  selling price) / original price x 100 = %saving
((1200  120) = 1080.
1080/1200 x 100 = 90%T4 complete since 30 April 2012

90% savings
Original price $1200
Subtract selling price $120 = $1080
Divide the differnce between the two by the original price 1080/1200= .9
Multiply .9 by 100 to convert to a percentage. .9 x 100 = 90%
*sorry TheeVillageIdiot I didn't see your post until after I posted mine.
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