Magento: Show product discount percent

price.phtml

If you wish to show product discount percent next to product price or somewhere on a product page, here’s how you do it.

Open app/design/frontend/yourpackage/yourtheme/template/catalog/product/price.phtml

Find:

<?php endif; /* if ($_finalPrice == $_price): */ ?>

Past above it:

<?php // Discount percents output start ?>
    <?php if($_finalPrice < $_price): ?>
    <?php $_savePercent = 100 - round(($_finalPrice / $_price)*100); ?>
        <p class="special-price yousave">
            <span class="label"><?php echo $this->__('You Save:') ?></span>
            <span class="price">
                <?php echo $_savePercent; ?>%
            </span>
        </p>
    <?php endif; ?>
<?php // Discount percent output end ?>