#23. Sales tax is an amount added to the price of an item. sales tax = price sales tax rate total cost = price + sales tax Sales tax A tip is an amount.

Slides:



Advertisements
Similar presentations
Lesson Objectives By the end of this lesson you will be able… Solve percent problems that involve discounts, tips, and sales, tax.
Advertisements

7-7 Applying Percents Warm Up Warm Up Lesson Presentation Lesson Presentation Problem of the Day Problem of the Day Lesson Quizzes Lesson Quizzes.
Which states have a sales tax rate closest to the Texas sales tax rate?
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.
Two Step Equation Percentages Adding and Subtracting Adding -- Tax, Markup –Original amount + a percent of that amount –An item is marked up 75%
Application with Percents Discounted Sale Price and Sales Tax.
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.
Wednesday, December 7th Please take out your HW (worksheet) and complete warm up Did you write down your homework? 1.40% of 3 is what number? 2. What percent.
7 th Grade Math Ms. Richardson.  Before, we answered all types of percent questions using proportions.  However, when you are finding the percent of.
Percent Discount and Markup
Discount, Tax and Tip Percent Applications by Mrs. Fredericks
DISCOUNTS, SALES TAX, TIPS DISCOUNTS Example: Regular Price = $10 Discount = 20% Step 1 Change the percentage to a decimal Step 2 Multiply the Regular.
Discounts, Tips, and Sales Tax
Applications of Percent
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.
Bell Work Discount/Markup Sale Price $6 shirt 20% off _______ _______
7.8 Percents, Decimals and Fractions
Using Percents to Solve Problems
Using Percents 7-10 Warm Up Problem of the Day Lesson Presentation
Applications of Percent
1. 7 or 7.00 Why is seven right? 20 x
2.5 Application of Percents. Key words: –“of” means “multiply” –“is” means “= ” –“what number?” means “x” To convert a decimal number to %, move the decimal.
Sales Tax, Tip and Commission
A bicycle is on sale for $ The sales tax rate is 5%
of Decrease and Increase
Warm up Page TN 36 #2.
Why??  Percents are all around us! Sales and discounts shopping Sales Tax Income Taxes Tips on restaurant bills Etc…  When doing problems with % remember.
Estimating With Percents 6-2. The table shows common percents and their fraction equivalents. You can use fractions to estimate the percent of a number.
Course Percent Problems 6 th Grade Math HOMEWORK Page 428 #1-14 ANSWERS!
Math-7 NOTES DATE: ______/_______/_______ What: Consumer Applications Why: To solve problems involving tax, tips, discounts, etc. What: Consumer Applications.
8-10 Using Percents Course 1 Warm Up Warm Up Lesson Presentation Lesson Presentation Problem of the Day Problem of the Day.
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.
6.RP.3c Find a percent of a quantity as a rate per 100 (e.g., 30% of a quantity means 30/100 times the quantity); solve problems involving finding the.
Tuesday, January 10 th Please complete warm up Please have homework out (Finding percent worksheet) 1.30% of 12 is what number? 2.6 is %4 of what number?
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,
The Sweater Shack is offering a 20% discount on sweaters
Applications of Percent
Do Now You buy a cell phone that is 20% off the original price of $129. Find the sale price.
The Sweater Task To celebrate your birthday, your grandparents take you shopping. Which sale should you take advantage of if you want the best reduction.
Using Percent. Warm-up: Get a calculator Find the percent of each number. 1)25% of 200 2)22% of 40 3)63% of 89 4)112% of 24 5)Jenny sold 380 boxes of.
Percent of Change Decrease (Discount)
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.
PERCENT INCREASES. NS 1.4 Calculate given percentages of quantities and solve problems involving discounts at sales, interests earned, and tips. Today’s.
A item is marked 25% off and then you are given an additional discount of 10%. What will you pay? Are receiving a total of 35% off? Explain why or why.
Adding and Subtracting Percents
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,
Percent of Change. Objective: To find the sale price of various items. To use the percent of change formula to find discount.
Objective SWBAT estimate percents SWBAT estimate percents.
7-7 Applying Percents Warm Up Warm Up Lesson Presentation Lesson Presentation Problem of the Day Problem of the Day Lesson Quizzes Lesson Quizzes.
Bell Work Explain why Jamar’s solution was incorrect.
Discount, Tax and Tip. Warm Up 1). Mary bought 36 pieces of fruit at the store. If 25% of the fruit was apples, how many apples did she buy? 2). Ken won.
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.
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.
Percent Applications Sales Tax Tips Interest. is determined by finding a certain percentage of a purchase price. It is added to your total bill when you.
Percent Applications Lesson 3.4 Core Focus on Ratios, Rates and Statistics.
Bell Work From 5 to = 5 40% increase
EXAMPLE 1 Finding a Sale Price
Discount, sale price, tax, Tip
Using Percents 7-10 Warm Up Problem of the Day Lesson Presentation
Tax, Tip, Commission SB 11-2 Pages
Discount, Tax and Tip TeacherTwins©2014.
Percents and Total Cost 2.6 and 2.7
Finding Discount Objective: Students will calculate percentages and find the amount of discount.
Goal: The learner will multiply to find a percent of a number.
Problem Solving with Proportional Relationships
Assignment 6.9A: 1 – 10, 18, 19.
Sales Tax, Tips, Discounts
Presentation transcript:

#23

Sales tax is an amount added to the price of an item. sales tax = price sales tax rate total cost = price + sales tax Sales tax A tip is an amount added to a bill for service. tip = bill tip rate total cost = bill + tip Tips A discount is an amount that is subtracted from the regular price of an item. discount = price discount rate total cost = price – discount Discounts Common Uses of Percents VOCABULARY

Example 1: Finding Discounts A clothing store is having a 10% off sale. If Angela wants to buy a sweater whose regular price is $19.95, about how much will she pay for the sweater after the discount?

Example 2 A fishing store is having a 10% off sale. If Gerald wants to buy a fishing pole whose regular price is $39.95, about how much will he pay for the pole after the discount?

When estimating percents, use percents that you can calculate mentally. You can find 10% of a number by moving the decimal point one place to the left. You can find 1% of a number by moving the decimal point two places to the left. You can find 5% of a number by finding one- half of 10% of the number. F.Y.I.

Example 3: Finding Tips Ben’s dinner bill is $7.85. He wants to leave a tip that is 15% of the bill. About how much should his tip be?

Example 4 Fran’s breakfast bill is $ She wants to leave a tip that is 20% of the bill. About how much should her tip be?

Example 5: Finding Sales Tax Ann is buying a dog bed for $ The sales tax rate is 7%. About how much will the total cost of the dog bed be?

Example 6 Erik is buying a blanket for $ The sales tax rate is 8%. About how much will the total cost of the blanket be?

Example 7 Diana is buying a rice cooker for $ The sales tax rate is 8%. About how much will the total cost of the rice cooker be?