Calculate the rebate amount based on a percentage of a total value
Learn how to use the Percentage Rebate Calculator and its working principles
If you have a total purchase amount of $1,000 with a 15% rebate:
This calculator uses a simple percentage calculation to determine the rebate amount. The rebate is calculated as a percentage of the total amount, and then subtracted from the total to get the final amount. This type of calculation is commonly used in retail for discounts, or in finance for fee calculations.