Calculate percentage of X, quick & simple.
Let's take a quick example here:
You have a Target coupon of $3123 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 = (3123 x 1) / 100
Amount Saved = 3123 / 100
Amount Saved = $31.23 (answer).
In other words, a 1% discount for a purchase with an original price of $3123 equals $31.23 (Amount Saved), so you'll end up paying 3091.77.