Calculating discount/savings in Magento

Desired Outcome:

Ability to display the amount of savings by € amount and by % on each product, so a way to calculate the difference between normal price and special pride.

The way it is displayed now:
“normal price”(crossed over) “special price”

what i want to make:
“normal price”(crossed over) “special price” “discount amount (discount percentage)”

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Problem:
I don’t even know where to start, opening the “price.phtml” file, expecting something somewhat simple, hit me like a frying pan to the face with 400 lines of quite incomprehensible code (yep, i’m new to Magento and PHP in general…)

Is there a simple way to do this? All products are “simple products”.

Thanks in advance for any info.

Calculating discount/savings in Magento

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