Sales Tax and Discounts

Slides:



Advertisements
Similar presentations
SOLVING PROBLEMS INVOLVING DISCOUNTS AT SALES AND SALES TAX.
Advertisements

Which states have a sales tax rate closest to the Texas sales tax rate?
Find the amount of the markup.
EXAMPLE 1 Finding a Sale Price You are shopping for a guitar and find one with an original price of $160. The store is offering a 30% discount on all guitars.
Lesson 1: Buying Furniture and Appliances Consumer Math p
Two Step Equation Percentages Adding and Subtracting Adding -- Tax, Markup –Original amount + a percent of that amount –An item is marked up 75%
Ratios * Of means to multiply Using percents  To calculate sales tax of an item, simply multiply the cost of the item by the tax rate.  Example: You.
7 th Grade Math Ms. Richardson.  Before, we answered all types of percent questions using proportions.  However, when you are finding the percent of.
DISCOUNTS, SALES TAX, TIPS DISCOUNTS Example: Regular Price = $10 Discount = 20% Step 1 Change the percentage to a decimal Step 2 Multiply the Regular.
I CAN find the discount and sale price of an item and find the tax and total price of an item after taxes.
Do Now What number is 12% of 350? 21 is what percent of 40?
EXAMPLE 1 Finding a Sale Price You are shopping for a guitar and find one with an original price of $160. The store is offering a 30% discount on all guitars.
adjectives as you can think of that describes that word.
Estimating With Percents Lesson 6-8. Sales Tax Round the cost of a given item to the nearest dollar. Multiply that estimate by the decimal version of.
Discounts, Sales Tax and Tip. What would the sale price be for a pair of pants that cost $48.00 after a 30% discount is given? Step 1: change the % into.
Bell Work: Tax and Tip! Your bill is $ What is your total after you leave a 20% tip and pay 5% tax? Method 2 Multiply the price by 125% since.
7.8 Percents, Decimals and Fractions
Percent Increase and Decrease
Using Percents to Solve Problems
7-7 Sales Tax and Discount. Discounts are like what that we have been talking about? What is a discount?
Find the discount/markup first then find the & new price. 1)$6 shirt 20% off _______ _______ 2)$65 shoes 15% off _______ _______ 3)$80 tickets 40% markup.
Bell Work Discount/Markup New Price $6 shirt 20% off _______ _______
Why??  Percents are all around us! Sales and discounts shopping Sales Tax Income Taxes Tips on restaurant bills Etc…  When doing problems with % remember.
Finding a percent of a number Textbook January 13 th 14 th, 15 th, 16th.
Multiplying and Dividing Decimals by 10, 100, and 1,000
7-7 Sales Tax and Discount. Discounts are like what that we have been talking about? What is a discount?
8-5 Sales Tax & Discount Indicator (s)  N8 Develop and analyze algorithms for computing with percent and demonstrate fluency in use. Pages
DO NOW Define: Markup: An increase from the wholesale price of an item to the retail price. Discount: A decrease from the original price of an item to.
Section 3.9 Percents Mr. Beltz & Mr. Sparks. Ratio A PERCENT is a ratio that compares a number to 100. You can write a percent as a FRACTION, DECIMAL,
Chapter 6 Review Part 2: Sales, Discount, and Tax.
Markup and Discount NS 1.4 Calculate given percentages of quantities and solve problems involving discounts at sales, interest earned, and tips. Objective:-Students.
Bell Ringer 11-7 ( Do in notebook) 5 minutes 1. Express 20% as a fraction in lowest terms and as a decimal Express 134% as a decimal. Express 6.5%
Bell Ringer 03 Discussion on Midterm and Quiz Discussion on Midterm and Quiz You are required to go to at least 2 days of tutoring for test corrections.
7.6 Function Operations Objectives: 1. To add, subtract, multiply and divide functions. 2. To find the composite of two functions.
Sales Tax and Discount Lesson 8 – 8. Vocabulary Sales Tax – an additional amount of money charged to a purchase. Discount – the amount by which the regular.
Sales Tax and Discount. Sales tax and discount Sales tax - is an additional amount of money charged on items people buy. The total cost is the regular.
Review  Find the solutions to the following problems… 1) 50 x.6 2) 20.4 x.2 3) 45.3 x 3.1 4) 53.2 x.25.
Multiplying Decimals Why do we have to?. Calculating Taxes.
Topic 2 Proportional Reasoning with Percents Percent of a Number To find the percent of a number, you can: write the percent as a fraction and.
Discount. EX1)A stereo’s regular price is $430. The store is running a sale with a discount of 10%. Find the sale price Step 1Change % to decimal Step.
Bell Work Explain why Jamar’s solution was incorrect.
Multiplying Decimals 6.NS.3 Fluently add, subtract, multiply and divide multi digit decimals using algorithms for each operation.
EXAMPLE 1 Finding a Sale Price Clothing You buy a pair of jeans that is 30% off the original price of $29. What is the sale price? STEP 1 Find the amount.
Solving 2 step equations. Two step equations have addition or subtraction and multiply or divide 3x + 1 = 10 3x + 1 = 10 4y + 2 = 10 4y + 2 = 10 2b +
Estimating With Percents Lesson 6-8. Sales Tax Round the cost of a given item to the nearest dollar. Multiply that estimate by the decimal version of.
Lesson 8.3B: Markup and Discount Change each percent into a decimal  5.5%  10.24%  29% .1%  1%  50%  5%    0.29   0.01.
Main Idea and New Vocabulary Example 1: Real-World Example
Jeopardy Solving Equations
Percent Math 6.
Sales Tax, Discounts, & Commission
EXAMPLE 1 Finding a Sale Price
Welcome to the Terribly Terrific Taco
9-2 6th grade math Estimating Percent.
Lesson 7.6: Markup and Discount
Markup and Discount Calculate given percentages of quantities and solve problems involving discounts at sales, interest earned, and tips. Objective:-Students.
Percent Math 6.
EQ: How do I solve discount and tax problems?
Bellwork A pass at a water park is $58 at the beginning of the season. The cost of the pass decreases each month. 1. Each month 10% is taken off the.
Discounts, Coupons and Sales
To get y, multiply x by 3 then add 2 To get y, multiply x by negative ½ then add 2 To get y, multiply x by 2 then subtract 3 To get y, multiply x.
Divide the number in C by 10.
COURSE 3 LESSON 6-6 Markup and Discount
Estimating With Percents
Finding Discount Objective: Students will calculate percentages and find the amount of discount.
Main Idea and New Vocabulary Example 1: Real-World Example
Consumer Applications Review
Bell work Week 28 Cost - The price retailers pay to a manufacturer
Sales Tax Lesson 8-5. Sales Tax Lesson 8-5 Sales tax and discount Sales tax - is an additional amount of money charged on items people buy. The total.
Assignment 6.9A: 1 – 10, 18, 19.
Sales Tax, Tips, Discounts
Presentation transcript:

Sales Tax and Discounts NS3. Add, subtract, multiply and divide multi-digit decimals using the standard algorithm for each operation

10% Off 15% Off 20% Off 10% off means for every dollar (100 cents) you spend, you subtract 10% of $1 which is 10 cents. 15% off means for every dollar you spend, you subtract 15% of $1 which is 15 cents. 20% off means for every dollar you spend, you subtract 20% of $1 which is 20 cents. 10% of $1 = $0.10 15% of $1 = $0.15 20% of $1 = $0.20 10% of $2 = $0.20 15% of $2 = $0.30 20% of $2 = $0.40 10% of $3 = $0.30 15% of $3 = $0.45 20% of $3 = $0.60

Let’s Practice Calculate the discount Find the new sale price Fold a piece of paper in half two times to give you 4 work spaces on both sides. Pick 8 items. Label each step below for each problem in the workspace provided. For each of the following sale items you pick: Calculate the discount Find the new sale price Find the 7% sales tax Get the total price

15% Off

7.99 − 1.19 Subtract 15% discount from the sale price 6.80 New price with 15% discount $6.80 6.8 × .07 Find the Sales Tax $0.476 Sales Tax 6.80 + 0.48 7.99 × .15 Ice cream maker Add Sales Tax Extra 15% discount $7.28 1.1985 Final price

10.99 − 1.64 Subtract 15% discount from the sale price 9.35 New price with 15% discount $9.35 9.35 × .07 Find the Sales Tax $0.6545 Sales Tax 9.35 + 0.65 10.99 × .15 H₂0 Bottles Add Sales Tax Extra 15% discount $10.00 1.6485 Final price

25% Off

70.97 − 17.74 Subtract 25% discount from the sale price 53.23 New price with 25% discount $53.23 53.23 × .07 Find the Sales Tax $3.7261 Sales Tax 53.23 + 3.73 70.97 × .25 PC Lamp Add Sales Tax Extra 25% discount $56.96 17.7425 Final price

20% Off

7.99 − 1.59 Subtract 20% discount from the sale price 6.40 New price with 20% discount $6.40 6.4 × .07 Find the Sales Tax $0.448 Sales Tax 6.40 + 0.45 7.99 × .2 Girls Shirt Add Sales Tax Extra 20% discount $6.85 1.598 Final price

16.00 − 3.20 Subtract 20% discount from the sale price 12.80 New price with 20% discount $12.80 12.8 × .07 Find the Sales Tax $0.896 Sales Tax 12.80 + 0.90 16 × .2 Boys Shirt Add Sales Tax Extra 20% discount $13.70 3.2 Final price

19.99 − 3.99 Subtract 20% discount from the sale price 16.00 New price with 20% discount $16.00 16 × .07 Find the Sales Tax $1.12 Sales Tax 16.00 + 1.12 19.99 × .2 Mack Monkey Add Sales Tax Extra 20% discount $17.12 3.998 Final price

16.99 − 3.39 Subtract 20% discount from the sale price 13.60 New price with 20% discount $13.60 13.6 × .07 Find the Sales Tax $0.952 Sales Tax 13.60 + 0.95 16.99 × .2 Volcano Kit Add Sales Tax Extra 20% discount $1 4.55 3.398 Final price

26.99 − 5.39 Subtract 20% discount from the sale price 21.60 New price with 20% discount $21.60 21.6 × .07 Find the Sales Tax $1.512 Sales Tax 21.60 + 1.51 26.99 × .2 Tie Dye machine Add Sales Tax Extra 20% discount $23.11 5.398 Final price

49.99 − 9.99 Subtract 20% discount from the sale price 40.00 New price with 20% discount $40.00 40 × .07 Find the Sales Tax $2.80 Sales Tax 40.00 + 2.80 49.99 × .2 Soccer Goal Add Sales Tax Extra 20% discount $42.80 9.998 Final price

139.99 − 27.99 Subtract 20% discount from the sale price 112.00 New price with 20% discount $112.00 112 × .07 Find the Sales Tax $7.84 Sales Tax 112.00 + 7.84 139.99 × .2 Electric Guitar Add Sales Tax Extra 20% discount $119.84 27.998 Final price

10% Off

269.99 − 26.99 Subtract 10% discount from the sale price 243.00 New price with 10% discount $243.00 243.00 × .07 Find the Sales Tax $17.0100 Sales Tax 243.00 + 17.01 269.99 × .10 Arc Lamp Add Sales Tax Extra 10% discount $260.01 26.9990 Final price

229.99 − 22.99 Subtract 10% discount from the sale price 207.00 New price with 10% discount $207.00 207 × .07 Find the Sales Tax $14.49 Sales Tax 207.00 + 14.49 229.99 × .10 Maui Lamp Add Sales Tax Extra 10% discount $221.49 22.9990 Final price

174.99 − 17.49 Subtract 10% discount from the sale price 157.50 New price with 10% discount $157.50 157.50 × .07 Find the Sales Tax $11.0250 Sales Tax 157.50 + 11.03 174.99 × .1 Blue Gem Lamp Add Sales Tax Extra 10% discount $168.53 17.499 Final price

219.99 − 21.99 Subtract 10% discount from the sale price 198.00 New price with 10% discount $198 198 × .07 Find the Sales Tax $13.86 Sales Tax 198.00 + 13.86 219.99 × .1 Tiffany Lamp Add Sales Tax Extra 10% discount $211.86 21.999 Final price