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5 Minute Check Find the percent of change. Round to the whole percent, if necessary. Complete on the back of your homework. 1. $12 to $6
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5 Minute Check Find the percent of change. Round to the whole
percent, if necessary. Complete on the back of your homework. 1.
$12 to $ notebooks to 16 notebooks 3. $240 to $ ft to 702 ft 5
Minute Check Find the percent of change. Round to the whole
percent, if necessary. Complete on the back of your homework. 1.
$12 to $6 5 Minute Check Find the percent of change. Round to the
whole percent, if necessary. Complete on the back of your homework.
1. $12 to $6 Amount of change = 6 12 = -6 = $6 $12 = = 50% decrease
5 Minute Check Find the percent of change. Round to the whole
percent, if necessary. Complete on the back of your homework
notebooks to 16 notebooks 5 Minute Check Find the percent of
change. Round to the whole percent, if necessary. Complete on the
back of your homework notebooks to 16 notebooks Amount of change =
16 48 = -32 = 32 48 = = 67% decrease 5 Minute Check Find the
percent of change. Round to the whole percent, if necessary.
Complete on the back of your homework. 3. $240 to $320 5 Minute
Check Find the percent of change. Round to the whole percent, if
necessary. Complete on the back of your homework. 3. $240 to $320
Amount of change = 320 240 = 80 = = 1 3 = 33% increase 5 Minute
Check Find the percent of change. Round to the whole percent, if
necessary. Complete on the back of your homework ft to 702 ft 5
Minute Check Find the percent of change. Round to the whole
percent, if necessary. Complete on the back of your homework ft to
702 ft Amount of change = 702 624 = 78 = = 1 8 = 13% increase
Lesson 7.2.6/7.2.7 Sales Tax, Tips and Markup And Discounts
Tuesday, Feb 3 Lesson 7.2.6/7.2.7 Sales Tax, Tips and Markup And
Discounts Solve One-Step Inequalities Solve One-Step Inequalities
Solve One-Step Inequalities Solve One-Step Inequalities Solve
One-Step Inequalities Solve One-Step Inequalities Solve One-Step
Inequalities Solve One-Step Inequalities Solve One-Step
Inequalities Solve One-Step Inequalities Sales Tax, Tips and
Markup
Objective: To solve problems involving sales tax, tips, markup and
discounts. Sales Tax, Tips and Markup
Sales tax is an additional amount of money charged on items that
people buy. The total cost of an item is the regular price plus the
sales tax. Sales tax is added onto the price of the item. Sales
Tax, Tips and Markup
Drew wants to buy exercise equipment that costs $140 and the sales
tax is 5%. What is the total cost of the equipment? We can use the
same formula we used before to determine the tax. part = percent
(in decimal form) x whole What is the tax in decimal form? Sales
Tax, Tips and Markup
Drew wants to buy exercise equipment that costs $140 and the sales
tax is 5%. What is the total cost of the equipment? We can use the
same formula we used before to determine the tax. part = percent
(in decimal form) x whole part = 0.05 140 = 7 What is the total?
Sales Tax, Tips and Markup
Drew wants to buy exercise equipment that costs $140 and the sales
tax is 5%. What is the total cost of the equipment? Then to find
the total we would add the tax unto the price. part = 0.5 140 = =
$147 Sales Tax, Tips and Markup
Drew wants to buy exercise equipment that costs $140 and the sales
tax is 5%. What is the total cost of the equipment? Is there an
easier way to do this? part = 0.5 140 = = $147 Sales Tax, Tips and
Markup
Drew wants to buy exercise equipment that costs $140 and the sales
tax is 5%. What is the total cost of the equipment? Since we are
paying 100% of the price and 5% tax, that equals 105%. part =
percent (in decimal form) x whole Sales Tax, Tips and Markup
Drew wants to buy exercise equipment that costs $140 and the sales
tax is 5%. What is the total cost of the equipment? Since we are
paying 100% of the price and 5% tax, that equals 105%. part =
percent (in decimal form) x whole part = 1.05 140 = $147 Sales Tax,
Tips and Markup
What is the total cost of a sweatshirt if the regular price is $42
and the tax is 7%? Do this on your own. Sales Tax, Tips and
Markup
What is the total cost of a sweatshirt if the regular price is $42
and the tax is 7%? Since we are paying 100% of the price and 7%
tax, that equals 107%. part = percent (in decimal form) x whole
part = 1.07 42 = $44.94 Sales Tax, Tips and Markup
What is the total cost of a $2.95 notebook if the tax is 5%? Do
this on your own. Sales Tax, Tips and Markup
What is the total cost of a $2.95 notebook if the tax is 5%? Since
we are paying 100% of the price and 5% tax, that equals 105%. part
= percent (in decimal form) x whole part = 1.05 2.95 = $3.10 Sales
Tax, Tips and Markup
A tip or gratuity is a small amount of money in return for a
service. The total price is the regular price of the service plus
the tip. A tip or gratuity is added onto the price of the item.
Sales Tax, Tips and Markup
A customer wants to tip 15% on a restaurant bill that is $35. What
will be the total bill with tip? Do this on your own. Sales Tax,
Tips and Markup
A customer wants to tip 15% on a restaurant bill that is $35. What
will be the total bill with tip? Since we are paying 100% of the
bill and a 15% tip, that equals 115%. part = percent (in decimal
form) x whole part = 1.15 35 = $40.25 Sales Tax, Tips and
Markup
A haircut costs $20. Sales tax is 5% Is $25 sufficient to cover the
haircut with tax and a 15% tip? Do this on your own. Sales Tax,
Tips and Markup
A haircut costs $20. Sales tax is 5% Is $25 sufficient to cover the
haircut with tax and a 15% tip? 100% + 15% + 5% = 120$ part =
percent (in decimal form) x whole part = 1.20 20 = $24.00 Yes, $25
is enough. Sales Tax, Tips and Markup
A store selling items for more than it pays for those items. The
amount of increase is called the markup. The selling price is the
amount the customer pays for an item. A markup is added onto the
price of the item. Sales Tax, Tips and Markup
A store pays $56 for a GPS navigation system. The markup is 25%.
Find the selling price. Do this on your own. Sales Tax, Tips and
Markup
A store pays $56 for a GPS navigation system. The markup is 25%.
Find the selling price. 100% + 25% = 125% part = percent (in
decimal form) x whole part = 1.25 56 = $70 Discounts A discount or
markdown is the amount by which the regular price of an item is
reduced. The sales price is the regular price minus the discount. A
discount or markdown is subtracted from the price of the item.
Discounts A DVD normally costs $22. This week it is on sale for 25%
off the original price. What is the sale price of the DVD? Do this
on your own. Discounts A DVD normally costs $22. This week it is on
sale for 25% off the original price. What is the sale price of the
DVD? 100% - 25% = 75% part = percent (in decimal form) x whole part
= .75 22 = $16.50 Discounts A shirt is regularly priced at $42. It
is on sale for 15% off of the regular price. What is the sale price
of the shirt? Do this on your own. Discounts A shirt is regularly
priced at $42. It is on sale for 15% off of the regular price. What
is the sale price of the shirt? 100% - 15% = 85% part = percent (in
decimal form) x whole part = .85 42 = $35.70 Discounts A boogie
board that has a regular price of $69 is on sale at a 35% discount.
What is the sale price with 7% tax? Do this on your own. Discounts
A boogie board that has a regular price of $69 is on sale at a 35%
discount. What is the sale price with 7% tax? 100% - 35% + 7%= 72%
part = percent (in decimal form) x whole part = .72 69 = $49.68 Not
So Fast! Tax is not paid on the regular price! Discounts
A boogie board that has a regular price of $69 is on sale at a 35%
discount. What is the sale price with 7% tax? 100% - 35% + 7%= 72%
part = percent (in decimal form) x whole part = .72 69 = $49.68 Tax
is not paid on the regular price! Not So Fast! Discounts A boogie
board that has a regular price of $69 is on sale at a 35% discount.
What is the sale price with 7% tax? 100% - 35% = 65% part = percent
(in decimal form) x whole part = .65 69 = $44.85 (sale price)
Discounts A boogie board that has a regular price of $69 is on sale
at a 35% discount. What is the sale price with 7% tax? 100% - 35% =
65% part = percent (in decimal form) x whole part = .65 69 = $44.85
(sale price) 100% + 7% = 107% part = 1.07 = $47.99 Discounts A CD
that has a regular price of $15 is on sale at a 25% discount. What
is the sale price with 6% tax? Do this on your own. Discounts A CD
that has a regular price of $15 is on sale at a 25% discount. What
is the sale price with 6% tax? 100% - 25% = 75% part = percent (in
decimal form) x whole part = .75 15 = $11.25 (sale price) 100% + 6%
= 106% part = 1.06 = $11.93 Sales Tax, Tips and Markup
Johannas parents give her $10 per week for lunch money. The Leather
Depot buys a coat from a supplier for $90 wholesale and marks up
the price by 40%. If you buy the coat for $134.82, with sales tax,
what is the percentage of the sales tax? Sales Tax, Tips and
Markup
Johannas parents give her $10 per week for lunch money. The Leather
Depot buys a coat from a supplier for $90 wholesale and marks up
the price by 40%. If you buy the coat for $134.82, with sales tax,
what is the percentage of the sales tax? 90 1.40 = retail price 126
= 8.82amount of tax part = percent (in decimal form) x whole 8.82
=p 126 .07 = w 7% .07 126)8.82 -882 Sales Tax, Tips and
Markup
Johannas parents give her $10 per week for lunch money. A store is
having a sale in which all items are discounted 20%. Including tax,
Colin paid $21 for a picture. If the sales tax rate is 5%, what was
the original price of the picture? Sales Tax, Tips and Markup
Johannas parents give her $10 per week for lunch money. A store is
having a sale in which all items are discounted 20%. Including tax,
Colin paid $21 for a picture. If the sales tax rate is 5%, what was
the original price of the picture? 100% + 5% = 105% part = percent
(in decimal form) x whole 21= w 20 = w = (he paid $20, before tax)
100% - 20% = 80% 20= w 25 = w Sales Tax, Tips and Markup
Agenda Notes Homework Practice 7.2.6/7.2.7 Show all work and circle
all answers. Due Wednesday, Feb 4 Chapter 7.2/7.3 Test - Tuesday,
Feb 10