Bell Ringer – 01/25/16 Jen works at a local car dealership. She makes a base salary of $575, plus a 6% commission on sales. If she told $6500, how much.

Slides:

Advertisements

Similar presentations

Bell Quiz. Objectives Find the percent of increase or decrease of a number.

Advertisements

Ch. 5-7 Percent of change. Ch. 5-7 Vocabulary Percent of change: a ratio that compares the change in quantity to the original amount. Percent of increase:

Exercise Write the percent formula. percent x whole = part.

Rewriting Percent Expressions

Two Step Percentage Problems Word problems with a vengence.

Percentages. Finding p% of a number x More examples.

Commission, Simple Interest, Markup, Profit

Do Now 2/17/14 Take out HW from last Wednesday night.

HW # 69 - p. 296 & 297 # even AND p. 300 & 301 # 5-12 all, & 15 Warm up Joseph, Ana, Lena, and George chipped in money for a friend’s gift. The gift.

Evaluating Algebraic Expressions 6-5 Applying Percent of Increase and Decrease Warm Up Warm Up California Standards California Standards Lesson Presentation.

Warm ups: Eric bought a pair of shoes originally priced at $95 for 45% off. He paid $52.25 not including tax. Which equation shows how Eric.

Bell Work Movie tickets used to cost $5, now cost $7. Find the percent of change. A percent of change tells how much a quantity has increased or decreased.

Tax, tip, and Markup Notes and examples.

Lesson 5-7 Percent of Change. Definitions Percent of Change- A ratio of change that compares the change in quantity to the original amount. Percent of.

NS1.7 Solve problems that involve discounts, markups, commissions, and profit and compute simple and compound interest. Also covered: NS1.3 California.

NS1.6 Calculate the percentage of increase and decrease of a quantity.

Section % of what number is 75? 2. What percent of 25 is 4? 3. If you buy a shirt that was originally $45 but it is on clearance for 25% off,

What is Commission? It’s usually given as a percent. Sometimes, it is the only pay a sales person earns!

PERCENTAGES 1. Percentage means parts of 100. To change a fraction or decimal to a percentage, multiply by 100. Example Write abas percentages. a b.

What is Commission? It’s usually given as a percent. Sometimes, it is the only pay a sales person earns!

Commissions & Taxes 8 th Grade Math. Vocabulary Percent Applications Hangman.

7 th Grade Review Percents. Find the percent of change. 20 is increased to %

Percent Proportions & Equations. A percent is a ratio that compares a number to 100. A commission is a percent of the amount of your sales. A percent.

Find the percent of increase or decrease to the nearest percent. 1.) From 1 to ) From 162 to ) From 16 to 22 1 – = 38% D 177 – 162.

Markup – the amount of money a store increases the price of the goods above what they pay for it. Wholesale price – the amount of money a store pays for.

6.6 Discounts and Markups 10/27/15. Discount How much an item’s price is reduced by.

RED 2012 BOOK. 4.3 Activity You can find 10% and multiply by the correct amount.  Ex: 40% off of $50.00  10% is $5.00.  $5.00 X 4 (for 40%) = $20.00.

APPLICATIONS. 7.RP.3 Use proportional relationships to solve multistep ratio and percent problems. Examples: simple interest, tax, markups and markdowns,

6-6 Commission, Sales Tax, and Profit Warm Up Warm Up California Standards California Standards Lesson Presentation Lesson PresentationPreview.

Using the Percent Equation

Commission Commission : Money earned based on how much you sell. Usually expressed as a percentage. Computer Salespeople Car sales person Window.

Markup and Markdown.

Change expressed as a percent

Learn to find percent increase and decrease.

Do Now How much is 7% of $36? $2.52.

Markup Stores buy items from a wholesaler or distributer and increase the price when they sell the items to consumers. The increase in price provides money.

6-9 Markup & Discount Finding prices.

Applications of Percents

6 Chapter Chapter 2 Percent.

5.2 Rewriting Percent Expressions

Bell Work From 5 to = 5 40% increase

Sales Tax, Discounts, & Commission

6.6 Discounts and Markups 10/18/16.

Monday February 27, 2017 **Check for H&R Block Budget Challenge**

3.3 Markup and Markdown.

Discount, sale price, tax, Tip

Lesson 7.6: Markup and Discount

Do Now 4/7/11 Take out HW from last night. Copy HW in your planner.

Solving Percent Problems Using Tape Diagrams

Skill 1: Wages.

7.1.2 Discounts, Markup, Commission Cronnelly.

Fractional Markdowns and Markups

Markup and Discount Calculate given percentages of quantities and solve problems involving discounts at sales, interest earned, and tips. Objective:-Students.

Commission Sales commissions are paid to employees or companies that sell merchandise in stores or by calling on customers. The commission is meant to.

Problem of the Day Last week, you finished Level 2

Main Idea and New Vocabulary Example 1: Find the Sale Price

Example A: A store advertises the following sale: shoes are 1 4 off the original price. If a pair of shoes normally costs $40, what is the sales price?

6-3 COMMISSIONS, ROYALTIES, AND PIECEWORK PAY

WARMUP John gets paid $10.50 per hour and works 32 hours per week. How much does he get paid each year? Karen worked 49 hours last week. She makes $9.25.

Unit 6. Day 16..

BUSINESS MATHEMATICS & STATISTICS.

You may use a calculator

Section 6.8 Markup and Discount

Unit #1: Earning Income.

Solving Word Problems with Variables on Both Sides

Chapter 6 Problem-Solving

Applications of Percents

6.3 Percent Equation Objective: Today we want to be able to identify the percent equation. We will also learn how to use the equation to solve percent.

Algebra 1 Section 3.6.

Bell work Week 28 Cost - The price retailers pay to a manufacturer

Presentation transcript:

Bell Ringer – 01/25/16 Jen works at a local car dealership. She makes a base salary of $575, plus a 6% commission on sales. If she told $6500, how much money will be on her paycheck? William earns a base salary of $250.00 every week with an additional 15% commission on everything he sells. If William sold $550.00 worth of items last week, what was his total pay?

Markup Tuesday, January 26, 2016 Student Objective: Student will be able to calculate the retail price of an item after marking the price up a percent.

Vocabulary Markup Cost Price / Wholesale Price Retail Price / Sell Price

Practice 1 The cost price of a book is $8. Find the selling price of the book if the store's markup is 36%.

Practice 2 Find the percent of markup if the cost is $68.91 and the markup is $4.31.

Practice - independent Find the markup if the cost of an article is $152 and the markup is 75%.

Practice - Independent A store sells school bags for $17.10 each. At what price should the store sell each bag, if the price needs to be marked up by 30%?

Practice - BONUS A sports store sells a tracksuit for $42. The store marked it up by 5%. Find the original cost of the tracksuit.

More Practice? https://www.khanacademy.org/math/pre-algebra/decimals-pre-alg/percent-word-probs-pre-alg/e/markup_and_commission_word_problems