Calculate percentage of X, quick & simple.
Let's take a quick example here:
You have a Target coupon of $3040 and you need to know how much will you save on your purchase if the discount is 16 percent.
Solution:
Amount Saved = Original Price x Discount in Percent / 100
Amount Saved = (3040 x 16) / 100
Amount Saved = 48640 / 100
Amount Saved = $486.4 (answer).
In other words, a 16% discount for a purchase with an original price of $3040 equals $486.4 (Amount Saved), so you'll end up paying 2553.6.