A easy way to calculate percentage of X

12% of 8000 is: 960

The formula to calculate percentage of a number out of another number is: Percentage = (Original number/Another number) x 100

In the Shop, You are purchasing a product with price of $8000 and you are getting 12% of discount of this product.

You observe how much you gained

Quick example here:

Formula = Product price * Percentage Discount/ 100

Calculation = (12 * 8000) / 100

Answer = $960 saved

In other words, when you are purchasing a product for $8000 with discount of 12%, you have pay $7040 and you will save $960.