Discount Vocabulary: What Does "15 Off" Mean?
When shopping online or in-store, you often come across discounts and promotions that can be confusing, especially if you're not familiar with the terminology. One common phrase you might see is "15 off." But what does it really mean?
What is "15 Off"?
"15 off" is a discount phrase that indicates a percentage-off discount. In this case, "15" refers to the percentage of the original price that will be deducted. So, if you see "15 off" on a product or service, it means you'll receive a 15% discount on the original price.
How Does it Work?
Let's say you want to buy a shirt that originally costs $100. If the store offers "15 off" on all shirts, you'll get a discount of $15 (15% of $100). This means you'll only pay $85 for the shirt.
Example:
- Original price: $100
- Discount: 15% of $100 = $15
- New price: $100 - $15 = $85
Why Do Stores Offer Discounts?
Stores offer discounts like "15 off" to attract customers, increase sales, and clear out inventory. Discounts can also be used to promote new products, celebrate special occasions, or reward loyal customers.
Tips for Shopping with Discounts
When shopping with discounts like "15 off," make sure to:
- Check the original price to ensure the discount is applied correctly.
- Calculate the discount to ensure you're getting the best deal.
- Look for additional discounts or promotions that can be stacked on top of the initial discount.
- Read the terms and conditions of the discount to ensure it's valid for your purchase.
By understanding what "15 off" means, you can make the most of discounts and promotions, saving you money and getting the best value for your purchase.
