Wednesday, January 14, 2009

How to figure out how much you saved

Because I know you forgot how to do the math....Don't worry, I did too!

Here's how to figure out what percent you saved on your bill.
First, the breakdown: Example-
Paid out of pocket: $94.47
Total of Manufacturer coupons used: $78.00
Total Store Sale Savings: $209.08
Total Store Savings and Manufacturer coupons: $287.08
Total Savings Percentage: 75%

First figure
out the grand total of your bill as if you didn't use coupons or store sales.
$381.55 ($287.08 + $94.47)
Divide the amount you paid out of pocket by the total amount of saved (coupons and store savings)
$94.47 (total amount paid out of pocket) / $381.55 (Grand total amount of out of pocket, coupons, and store savings) = .2475
Then
multiply that number by 100
so......24.75 or 25% (this is the percentage that you paid for your groceries)
Now
subtract 25%-100%=75% (this is the percentage that you saved on your groceries)
Total Savings 75%

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