Calculate percentage of X, quick & simple.
Let's take a quick example here:
You have a Target coupon of $98 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 = (98 x 1) / 100
Amount Saved = 98 / 100
Amount Saved = $0.98 (answer).
In other words, a 1% discount for a purchase with an original price of $98 equals $0.98 (Amount Saved), so you'll end up paying 97.02.