COURSE 3 LESSON 6-6 Markup and Discount

Slides:

Advertisements

Similar presentations

A store sells a skirt that costs the store $40 and marks up the price 25%. What is the selling price for this skirt? Markup and Discount COURSE 3 LESSON.

Advertisements

Find the amount of the markup.

Write an equation and solve. Round to hundredths as needed.

Fractional Markdowns and Markups

Finding a percent of a number Textbook pages

6-4 Percent of Change Percent of change = amount of change original amount.

A racing bike that was originally $2,500 was on sale at 20% off. If the bike was sold for $1,800 after a second discount, what was the second percent of.

Do Now What number is 12% of 350? 21 is what percent of 40?

Over Lesson 7–5 A.A B.B C.C D.D 5-Minute Check 6 A.9.4% B.1.06% C.5.7% D.6% Taneesha bought a laptop for $ including tax. The laptop had a price.

Chapter 6: Ratios, Proportions, & Percents 6.9 Markup and Discount.

Ratio, Percent, Proportion

Learn to solve problems involving percent of change.

Notes 29 Percent of Change 6-4.

Percents Greater Than 100% or Less Than 1%

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.

Finding a percent of a number Textbook January 13 th 14 th, 15 th, 16th.

Lesson 6-8 Warm-Up. Lesson 6-8 Warm-Up Markup and Discount (6-8) What is “markup”? How do you find the percent of markup ? markup (also known as profit):

6-5 Percent of Change Warm Up Problem of the Day Lesson Presentation

Holt CA Course Percent of Change NS1.4 Calculate given percentages of quantities and solve problems involving discounts at sales, interest earned,

6-3 (B) Percent of Change. Percent of Change A ratio that compares the change in quantity to the original amount. Amount of change original amount Percent.

Markup and Discount 6.5. markup Markup = (% of markup) (store’s cost)

Bell work Solve. Round to tenth as needed. 1)What is 75% of $82? 2)What is 42% of $170? 3)What is 5.5% of $24? 4)What is 80% of $15.99?

Markup and Discount 6.9. markup Markup = (% of markup) (store’s cost) Turn the percent into a decimal or fraction.

6-6 Percent of Change Warm Up Problem of the Day Lesson Presentation

Percent of Change Decrease (Discount)

Holt CA Course Percent of Change Warm Up Warm Up California Standards Lesson Presentation Preview.

6-6 Percent of Change Warm Up Warm Up Lesson Presentation Lesson Presentation Problem of the Day Problem of the Day Lesson Quizzes Lesson Quizzes.

Splash Screen. Then/Now You have already solved real-world problems using the percent equations. (Lesson 7–5) Solve real-world problems involving markup.

APPLICATIONS OF PERCENT Chapter 6. Fractions, Decimals, & Percents A percent is a ratio that compares a number to 100 To change a decimal to a percent,

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.

Percent of Change Warm Up Warm Up Lesson Presentation Lesson Presentation Problem of the Day Problem of the Day Lesson Quizzes Lesson Quizzes.

ALGEBRA READINESS LESSON 7-5 Warm Up Lesson 7-5 Warm-Up.

Markup and Discount 6.6. markup Markup = (% of markup) (store’s cost)

Percents Greater Than 100 or Less Than 1

Mr. Sands 6.2.   Discounts occur on everything from clothing to car rentals.  Discounts are many times given as percent's like on a clearance rack.

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.

Warm Up Solve % of what number is 6? 2. What percent of 20 is 8? 3. What is 80% of 60? is what percent of 200? 60 40% 48 Course Percent.

Grade Lesson 14. Notes Lesson 15 Percent of Change.

Percent Increase and Decrease

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.

Holt CA Course Percent of Change NS1.4 Calculate given percentages of quantities and solve problems involving discounts at sales, interest earned,

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

Calculating Discounts

Warm Up Problem of the Day Lesson Presentation Lesson Quizzes.

Finding Percent of Change

6-9 Markup & Discount Finding prices.

Solving Percent Problems Using Equations

Markup and Discount Notes

Using Percents 7-10 Warm Up Problem of the Day Lesson Presentation

Lesson 7.6: Markup and Discount

6-5 Percent of Change Warm Up Problem of the Day Lesson Presentation

Ratios and Percents RP. 3..

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.

Fractions, Decimals, and Percents

Round the discount to the nearest penny.

Percents and Equations

Learn to solve problems involving percent of change.

Estimating With Percents

Finding Discount Objective: Students will calculate percentages and find the amount of discount.

6-6 Percent of Change Warm Up Problem of the Day Lesson Presentation

Warm Up Problem of the Day Lesson Presentation Lesson Quizzes.

Main Idea and New Vocabulary Example 1: Real-World Example

Round the discount to the nearest penny.

Problem Solving with Proportional Relationships

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.

Finding a Percent of a Number

Assignment 6.9A: 1 – 10, 18, 19.

Presentation transcript:

COURSE 3 LESSON 6-6 Markup and Discount A store sells a skirt that costs the store $40 and marks up the price 25%. What is the selling price for this skirt? Method 1 Find the markup first. Then find the selling price. 25% of $40 equals the markup. = $10 $40 + 10 = $50 The store sells the skirt for $50. 0.25 • 40 = 10 Multiply to find the markup. store’s cost + markup = selling price 6-6

Markup and Discount (continued) COURSE 3 LESSON 6-6 (continued) Method 2 Find the selling price directly. The selling price equals 100% of the store’s cost plus a markup of 25% of the store’s cost. So, the selling price of the skirt is 100% + 25%, or 125%, of $40. = $50 Multiply to find the selling price. 125% of $40 equals the selling price. 1.25 • 40 = 50 The store sells the skirt for $50. 6-6

Markup and Discount COURSE 3 LESSON 6-6 A pair of skis regularly costs $180. The sale price is $108. Find the percent of discount. discount = regular price – sale price = $180 – $108 Substitute. = $72 Subtract. percent of discount = 72 180 discount regular price = 0.4 Write the fraction as a decimal. = 40% Write the decimal as a percent. 6-6

Markup and Discount COURSE 3 LESSON 6-6 A shoe store advertises a 35%-off sale. What is the sale price of shoes that regularly cost $94.99? Method 1 Find the discount first. Then find the sale price. 35% of $94.99 equals the discount. = $33.25 94.99 – 33.25 = 61.74 0.35 • 94.99 = 33.2465 Multiply to find the discount. regular price – discount = sale price Round to the nearest cent. The sale price is $61.74. 6-6

Markup and Discount (continued) Method 2 Find the sale price directly. COURSE 3 LESSON 6-6 Markup and Discount (continued) Method 2 Find the sale price directly. The sale price equals 100% of the regular price minus a discount of 35% of the regular price. The sale price is 100% – 35%, or 65%, of $94.99. = $61.74 Multiply to find the sale price. 65% of $94.99 equals the sale price. 0.65 • 94.99 = 61.744 Round to the nearest cent. The sale price is $61.74. 6-6

COURSE 3 LESSON 6-6 Markup and Discount You buy a CD at the sale price of $6. This is 25% off the regular price. Find the regular price of the CD. regular price – 25% of regular price = sale price Let r = the regular price. r – (0.25 • r ) = 6 Substitute. Write the percent as a decimal. 0.75r = 6 Combine like terms: r – 0.25r = 0.75r. = Divide each side by 0.75. 0.75r 0.75 6 r = 8 Simplify. The regular price of the CD is $8. 6-6

Markup and Discount COURSE 3 LESSON 6-6 1. A pair of shoes costs the store $40. The store sells them for $65. What is the percent markup? 2. A sweater regularly sells for $49. It is on sale for 20% off. What is the sale price? 62.5% $39.20 6-6