Calculate percentage of X, quick & simple.
Let's take a quick example here:
You have a Target coupon of $1038 and you need to know how much will you save on your purchase if the discount is 1 percent.
Solution:
Amount Saved = Original Price x Discount in Percent / 100
Amount Saved = (1038 x 1) / 100
Amount Saved = 1038 / 100
Amount Saved = $10.38 (answer).
In other words, a 1% discount for a purchase with an original price of $1038 equals $10.38 (Amount Saved), so you'll end up paying 1027.62.