How do you figure?
10-26-2020, 08:25 AM
#1
Power Poster
Thread Starter
Join Date: May 2008
Location: MN
Posts: 24,406
How do you figure?
When you see a sale for X% off an item -
Which do you "figure" first?
How much you will "save"?
0r
How much you will have to actually pay for the item?
Example:
An item's regular selling price was $1000.
It was first reduced 20% from the regular selling price.
Then it was reduced 15% from the first reduced price.
Then it was reduced another 26% from the second reduced price.
So - which number is more important to you? The "savings" or the "amount to pay"?
Which do you "figure" first?
How much you will "save"?
0r
How much you will have to actually pay for the item?
Example:
An item's regular selling price was $1000.
It was first reduced 20% from the regular selling price.
Then it was reduced 15% from the first reduced price.
Then it was reduced another 26% from the second reduced price.
So - which number is more important to you? The "savings" or the "amount to pay"?
Last edited by bearisgray; 10-26-2020 at 08:36 AM.
10-26-2020, 09:41 AM
#4
Super Member
Join Date: Sep 2010
Location: Lake Stevens, WA
Posts: 1,914
If only the % discounts are listed, and you have to calculate the final price, then they are both important!
20% off 1000 = 1000 - 200 = 800
15% off 800 = 800 - 120 = 680
26% off 680 (wait; I need my calculator!) = 680 - 176.80 = 503.20
Why didn't they just say 50% off in the beginning?
20% off 1000 = 1000 - 200 = 800
15% off 800 = 800 - 120 = 680
26% off 680 (wait; I need my calculator!) = 680 - 176.80 = 503.20
Why didn't they just say 50% off in the beginning?
10-26-2020, 09:50 AM
#5
Power Poster
Join Date: Jan 2011
Location: Southern USA
Posts: 15,950
I don't go by price as much as value for the money. A quality item for 10% off will be a better buy then a less quality item for 30% off to me.
When I buy two items at 40% off I tell myself I saved 80% . No one can tell me two 40% doesn't equal 80%. LOL Well in money math it isn't but it works for me.
When I buy two items at 40% off I tell myself I saved 80% . No one can tell me two 40% doesn't equal 80%. LOL Well in money math it isn't but it works for me.
10-26-2020, 09:50 AM
#6
Super Member
Join Date: Jun 2010
Location: Waterford Michigan
Posts: 7,241
I always go by the final price of an item. The best deal I ever got was for a penny a yard about a year go and JAF. I discovered at out store you can always ask for a deeper discount on items in the clearance racks. Not so much on regular sale items just the clearance racks.
10-26-2020, 01:27 PM
#8
Super Member
Join Date: Dec 2017
Location: Southwest Idaho
Posts: 5,999
Originally Posted by Rhonda K
If I have the money and the fabric bolt is in my arms, I figure it's mine.
Bottom line figure-out the door.
Bottom line figure-out the door.
10-26-2020, 02:25 PM
#10
Power Poster
Join Date: Dec 2009
Location: Outside St. Louis
Posts: 38,190
I bought several pieces of fabric at Hobby Lobby. 30% off each cut about 10 or 12 pieces. The 30% off is figured by the Lady cutting. When I got to the check out Lady took 30% off each piece again. So I saved 60% off each piece. Not bad. Too bad I didn't buy lots more.
The best deal I have ever gotten.
The best deal I have ever gotten.
