Warm Up Estimate. 1. 20% of 602 out of 264 3. 151% of 78 out of 0.95

Slides:

Advertisements

Similar presentations

Applications of Percents 6-5. Vocabulary Commission- a fee paid to a person who makes a sale. Commission rate- a percent of the selling price.

Advertisements

Wage Calculations.

Calculating Sales and Income Tax

8-6 Applications of Percents Course 3 Warm Up Warm Up Problem of the Day Problem of the Day Lesson Presentation Lesson Presentation.

P ERCENT ' S T RASHKETBALL Sponsored By: Ms. Sanders.

 Work with a partner and complete the problem handed out to you regarding the prices of tennis racquets. › Recall what we learned in the previous lesson.

Applications of Percents

Lesson 1-1 Example Example 1 Karen bought a dress that cost $32. She paid 7% in sales tax. How much did she pay in tax? 1.Write the percent proportion.

Commission, Sales Tax, and Profit

Applications of Percents

Pre-Algebra 8.6 and 8.7 Applications of Percents.

Pre-Algebra HOMEWORK Page 423 #31-38 & Spiral Review (#39-45) Answers.

Learn to find commission, sales tax, and percent of earnings.

Applications of Percents 6-6 Warm Up Warm Up Lesson Presentation Lesson Presentation Problem of the Day Problem of the Day Lesson Quizzes Lesson Quizzes.

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.

2-8 Percents Lesson Presentation Lesson Quiz Holt Algebra 1.

Do Now 2/11/14 Take out your HW from last night. Take out your HW from last night. Text p. 245, #1-6 Text p. 245, #1-6 Copy HW in your planner. Copy HW.

Algebra 2.9 Applications of Percents. Learning Targets Language Goal  Students will be able to use common applications of percents. Math Goal  Students.

Applications of Percents 6-5 Warm Up Warm Up Lesson Presentation Lesson Presentation Problem of the Day Problem of the Day Lesson Quizzes Lesson Quizzes.

Course Applications of Percents Warm Up Estimate % of out of % of out of % % Possible answers:

Week-5_Ratios, Proportions, and Percent. A B R Solving percentage problems guide.

Warm Up Change to a decimal 1. 20% 2. 45% % 4. 2% Course Applications of Percents.02.

Commission SWBAT find the amount of commission; find the commission rate; find the total sales; compare commissions when the total sales and commissions.

Homework 1.Every month, Gillian makes $1600 plus an 8.9% commission on sales. If her sales last month totaled $18,400, what was her total pay? 2. The.

Applications of Percents

% ∙ $ = commission/sales tax/profit

Pre-Algebra 8-6 Applications of Percents 1. The lunch bill was $8, and you want to leave a 15% tip. How much should you tip? 2. The sales tax is 5.75%,

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

Applications of Percents

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

 Real estate agents often work for commission. A commission is a fee paid to a person who makes a sale. It is usually a percent of the selling price.

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.

Warm Up 1. Write 0.03 as a percent. 2. Write as a decimal.

Warm up F(x) = 2x + 4G(x) = 3x – 1 F(13) = G(10) = F(x) = 20 find x G(x) = 8 find x.

 Work with a partner and complete the problem handed out to you regarding the prices of tennis racquets. › Recall what we learned in the previous lesson.

SECTION 2-4 pp Social Security & Medicare Taxes.

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

Applications of Percents

Applications of Percents 6-5 Warm Up Warm Up Lesson Presentation Lesson Presentation Problem of the Day Problem of the Day Lesson Quizzes Lesson Quizzes.

Business Math 1.4 Commissions.

Monday March 6, 2017 ***Check on H&R Budget Challenge*** Personal exemptions: Single - $2,000 Married- $4,000 Each dependent- $2,000 1) Martin Tabor’s.

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

Applications of Percents

FRACTIONS DECIMALS PERCENTS. FRACTIONS DECIMALS PERCENTS.

6 Chapter Chapter 2 Percent.

Applications of Percents

% % 7.RP.3 ~ Use proportional reasoning to solve problems involving percents % %

Tax, Tip, Commission SB 11-2 Pages

Preview Warm Up California Standards Lesson Presentation.

Percent and Problem Solving: Sales Tax, Commission, and Discount

Skill 1: Wages.

Reporting Withholding And Payroll Taxes

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

Julio is going to buy a shirt for $14. 00

EMPLOYER ANNUAL REPORT TO EMPLOYEES OF TAXES WITHHELD

$100 $100 $100 $100 $100 $200 $200 $200 $200 $200 $300 $300 $300 $300 $300 $400 $400 $400 $400 $400 $500 $500 $500 $500 $500.

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

Lesson #7: Regular Annuities- Present Value

Applications of Percent

Make a list of all the jobs you’ve had.

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.

You may use a calculator

Warm Up Problem of the Day Lesson Presentation Lesson Quizzes.

Thur 11/8 Warm Up Mental VOTE Riddle Study Commission Quiz tomorrow

Tax, Tip, and Commission Math 7 Unit 6.

Business Math Assignment

Applications of Percents

Algebra 1 Section 3.6.

Do Now If the sales tax rate is 6.75%, how much tax would Adrian pay if he bought two CDs at $16.99 each and one DVD for $36.29? CD: 2 at $ $33.98.

Presentation transcript:

Warm Up Estimate. 1. 20% of 602 2. 133 out of 264 3. 151% of 78 4. 0.28 out of 0.95 Possible answers: 120 50% 120 30%

commission rate  sales = commission commission: a fee paid to a person who makes a sale. commission rate: a percent of the selling price. commission rate  sales = commission Often salespeople are paid a commission plus a regular salary.

Example 1: Finding Commission Amounts A real-estate agent is paid a monthly salary of $900 plus commission. Last month he sold one condominium for $65,000, earning a 4% commission on the sale. How much was his commission? What was his total pay last month? commission rate  sales = commission 4%  $65,000 = c 0.04  65,000 = c 2600 = c commission + salary = total pay $2600 + $900 = $3500

Sales tax: the tax on the sale of an item or service.

Example 2: Finding Sales Tax Amounts If the sales tax rate is 6.75%, how much tax would Adrian pay if he bought two CDs at $16.99 each and one DVD for $36.29? CD: 2 at $16.99 $33.98 DVD: 1 at $36.29 $36.29 $70.27 0.0675  70.27 = 4.743225 $4.74

Example 3: Finding the Percent of Earnings Anna earns $1500 monthly. Of that, $114.75 is withheld for Social Security and Medicare. What percent of Anna’s earnings are withheld for Social Security and Medicare? Think: What percent of $1500 is $114.75? 114.75 1500 n 100 = n  1500 = 100  114.75 1500n = 11,475 11,475 1500 n = n = 7.65 7.65%

Example 4: Finding Total Sales A furniture sales associate earned $960 in commission in May. If his commission is 12% of sales, how much were his sales in May? Think: $960 is 12% of what number? Let s = total sales 960 = 0.12  s 960 0.12 = s 8000 = s $8000

Lesson Quiz 1. Every month, Gillian makes $1600 plus an 8.9% commission on sales. If her sales last month totaled $18,400, what was her total pay? 2. The sales tax is 5.75%, and the shirt costs $20. What is the total cost of the shirt? 3. Sheridan has a yearly income of $39,650, and he is advised to invest $4500 every year. What percent of his income should he invest, to the nearest tenth of a percent? 4. If you earn a 4% commission, how much would your total sales have to be to make a commission of $115? $3237.60 $21.15 11.3% $2875